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Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated

Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated

It’s been a bloody past day for the Bitcoin and broader crypto market.

Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated

Cover art/illustration via CryptoSlate

It’s been a bloody past day for the Bitcoin and broader crypto market.

Early this weekend, the cryptocurrency market was gunning for new all-time highs: Ethereum had pushed to $1,350, altcoins were up by double digits, and Bitcoin was holding key supports in the $40,000-41,000 region.

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