Bitcoin dives below $27k; almost $100M liquidated
Liquidations have reached almost $100M in the past hour.
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Quick Take
- Bitcoin dropped below $27,000, which as a result, saw almost $100 million liquidated in the past hour.
- Coinglass data shows 90% of these liquidations came from longs being liquidated.
- This came after a positive CPI reading that had taken Bitcoin above $28,000 earlier in the day.
