Bitcoin Erases Post-Election Gains as Crypto Liquidations Top $1 Billion
Bitcoin, Ethereum and other cryptocurrencies erased their post-election gains as a selloff in U.S. technology and AI stocks spilled into crypto markets. More than $1 billion in leveraged positions were liquidated over 24 hours. Bitcoin fell 6% to $75…
Bitcoin, Ethereum, and other cryptocurrencies erased their post-election gains on Thursday as a sharp selloff in U.S. technology and AI stocks spilled into cryptocurrency markets, triggering more than $1 billion in leveraged position liquidations over the past 24 hours.Bitcoin (BTC) fell 6% to $75…