$570 Million in Longs Liquidated as BTC, ETH, XRP Crash Again.
Bitcoin fell to a multi-month low below $73,000, extending losses after a brief recovery following the US index release.
Altcoins also suffered significant losses, with Ethereum and XRP both down more than 5%, contributing to a total of nearly $700 million in liquidation in 24 hours.
The total value of positions destroyed in the last four hours reached $580 million, mostly from long positions, with more than 115,000 traders affected.