Around USD 1 billion leveraged crypto positions were liquidated as Bitcoin price hit USD 89,000. The price of Bitcoin fluctuated and is now trending at USD 87,000 after a massive increase yesterday—the bullish trend in the crypto market triggered the wild trading session. The Bitcoin price is projected to reach an all-time high, USD 1,00,000 mark, according to financial analyst Tom Jong Lee, amid the favouring condition after Donald Trump won the US presidency. Elon Musk’s Tesla and SpaceX Hold USD 1.73 Billion Worth Bitcoin in Total.
Bitcoin Price Surge Led to Liquidation of USD 1 Billion Leveraged Crypto Positions
🩸JUST IN:
$1 BILLION leveraged crypto positions liquidated as #Bitcoin surged to a record $89,000 yesterday. pic.twitter.com/p3iTMWiEWy
— Radar🚨 (@RadarHits) November 12, 2024
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)