Bitcoin Drop Sparks $350M Liquidations Ahead of U.S. Election

Quick Summary:

Bitcoin’s price fell below $69,000 on Nov.3, triggering nearly $350 million in market liquidations as the U.S.presidential election draws closer.

This marked the highest trading activity since Oct.25, when Bitcoin struggled to hold above $70,000.

Data shows that liquidations on Nov.3 totaled $349.78 million.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Sindhu

Category: Crypto

Markets: United Arab Emirates

Topics: Market News Bitcoin Liquidation US Election BTC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 12:35:42 (17 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 353 words

Reading Time: 2 minutes read

Sentences: 34 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 23400182

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 28 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions