Watcher.Guru@WatcherGuru
JUST IN: Bitcoin crashes under $68,000 and ETH crashes under $1,900
Bitcoin Drops Below $68,000 as Crypto Market Faces Heavy Selling
The sharp decline triggered over $500 million in liquidations in just one hour, with more than $1 billion wiped out in 24 hours across crypto longs. It follows a massive $6.3 billion hack at Binance in late October, where North Korean-linked attackers stole assets, though the exchange covered most losses. Factors like weakening ETF inflows, hot inflation data, and capital shifting to AI played a role, splitting opinions between bears warning of no new highs and bulls eyeing $68,000 as a buying spot near the 200-week average.