Crypto Market Recovers After $1.9 Billion Liquidation Event | Crypto Briefing

Key Takeaways

  • Bitcoin dipped after a failed attempt at breaking $50,000 yesterday, causing $1.9 billion worth of liquidations.
  • Bitcoin accounted for only 30% of the total liquidations.
  • The market recovered again today after the cooldown in surging funding rates across derivatives markets.

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