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Bitcoin Drops Nearly $10K After Hitting All-Time High

Mary Liu

Summary: According to Bitpush Terminal data, BTC broke through $69,210 on Tuesday morning, reaching a new all-time high. Then the price fell back quickly, once falling below $60,000 during the session, and rebounded to above $61,000 as of press time. Ethereum once rose 6.5% to $3,828.81 before erasing all gains and falling to $3,412.64. Other popular altcoins ...

According to Bitpush Terminal data, BTC broke through $69,210 on Tuesday morning, reaching a new all-time high. Then the price fell back quickly, once falling below $60,000 during the session, and rebounded to above $61,000 as of press time.

Ethereum once rose 6.5% to $3,828.81 before erasing all gains and falling to $3,412.64. Other popular altcoins such as ADA, DOGE, and SHIB fell by about 10%-12%.

According to data from CoinGlass, 318,392 traders were liquidated in the past 24 hours, totaling $1.19 billion. Long positions were liquidated at $878 million, and short positions were liquidated at $310 million.

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