Crypto Market Bloodbath: Bitcoin and Ether’s Price Slide Triggers $1B in Liquidations

The post Crypto Market Bloodbath: Bitcoin and Ether’s Price Slide Triggers $1B in Liquidations appeared first on Coinpedia Fintech News After closing below a crucial rising trendline on Wednesday, Bitcoin (BTC) price entered a new bearish trend that could take months to rebound. Over $1 billion in the crypto derivatives market was rekt, with more than $835 million from long traders. The Bitcoin derivatives market accounted for the lion’s share with about $493 million liquidated …