Daily Crypto News & Musings

Latest News and Articles about Leverage Liquidations

Bitcoin Plummets to $85K: $130B Wiped Out in Brutal December 1 Crypto Crash

Bitcoin Crashes to $85K: Why the Crypto Market Tanked on December 1 On December 1, 2023, the crypto market took a brutal hit, erasing over $130 billion in value in just two hours. Bitcoin (BTC) plummeted 5.3% to $85,000, while the total market capitalization dropped 5.26% to $2.92 trillion, leaving traders—from wide-eyed newcomers to over-leveraged […]

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