Bitcoin at Two-Week Low as Crypto Liquidations Top $800 Million
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Article Excerpt
Bitcoin has dropped to a two-week low amid reports that over $800 million worth of cryptocurrency positions have been liquidated in recent days. The price of bitcoin, which had earlier hit a high of around $21,700 on Thursday, fell below $20,000 by the end of Friday's trading session.
According to data from CoinGlass, a blockchain analytics platform that tracks crypto markets, over 800 million dollars worth of liquidations have occurred since Wednesday. This represents a significant increase in the number of liquidations compared to previous weeks and suggests heightened volatility in the mar…
Read full article at Financial Post ↗
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Jun 5, 2026