BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

Bitcoin Dumps to $65,000 as Longs See Massive Liquidations (What is Next?)

by Sham
June 14, 2024
in CRYPTO
Reading Time: 2 mins read
A A
1
SHARES
18
VIEWS
Share on XShare in TelegramShare on Reddit

• Bitcoin price plunged to around $65,240, its lowest level in nearly a month
• Over $150 million worth of crypto long positions were liquidated in the past day, including $157 million in Bitcoin longs
• The surge in liquidations included over $105 million worth in the last hour alone, with $103 million of that from long positions

The price of Bitcoin fell Friday to its lowest price in nearly month prompting a flurry of crypto long position liquidations that topped more than 100 million in an hour and over 150 million over the past day.

JUST IN: $162 million in crypto has been liquidated over the last 24 hours

— BlockNews.com (@blocknewsdotcom) June 14, 2024

Bitcoin Price Falls

The price of Bitcoin currently sits at $65,240 per data from CoinGecko, down over 2% on the day and about 8% over the past week. Bitcoin last fell this low on May 16, nearly a month ago.

Liquidations Spike

Liquidations are spiking as a result, with over $105 million worth over the last hour per data from CoinGlass, including $103 million worth of long positions. That recent surge has pushed the 24-hour total of liquidations to $180 million, including about $157 million in longs.

Conclusion

Bitcoin’s price has plunged to a one-month low, prompting over $150 million in liquidations of crypto long positions in the past day. The price crash seems to indicate a reversal of Bitcoin’s recent gains. More analysis will be required to determine the cause and impact of this sudden downturn.

Tags: BitcoinCoinGeckoCoinglasscryptoliquidations
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K
CRYPTO

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

August 14, 2025
Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?
BITCOIN

Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

August 14, 2025
Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind
CRYPTO

Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

August 14, 2025
Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle
CRYPTO

Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

August 14, 2025
Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback
CRYPTO

Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

August 14, 2025
Ethereum Foundation Refutes $12.8M Sale Rumors, Stresses Strategic Holdings Shift as Corporate ETH Control Grows
CRYPTO

Ethereum Foundation Refutes $12.8M Sale Rumors, Stresses Strategic Holdings Shift as Corporate ETH Control Grows

August 14, 2025
Load More

Related News

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

Dogecoin, Remittix, and XRP — Where They Could Go If Bitcoin Hits $250K

August 14, 2025
Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

Could the Bifrost–SBI Deal Kickstart a Bitcoin Shift in Japan?

August 14, 2025
Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

Ethereum ETFs Dominate With $2.2B Inflows in 3 Days, Closing in on All-Time High as Bitcoin Lags Behind

August 14, 2025
Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

Ethereum Poised to Maintain Market Supremacy as Analysts Dismiss XRP’s Chances This Cycle

August 14, 2025
Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

Could SHIB Pull Off Another Market Shock? Lucie Teases Bold Comeback

August 14, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve Finance FTX grayscale Memecoin metaverse Microstrategy NFT NFTs opinion PEPE ripple sec Shiba Inu Solana Stablecoin Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.