Over $1.3B Worth of Bitcoin Liquidated in Last 24 Hours; Bear Market Continues

More than a billion dollars worth of crypto assets are being liquidated as Bitcoin threatens to trade below $20,000 and print a low last seen in December 2020.

Cryptocurrency futures trading and information site Coinglass reveals that over $1.30 billion worth of BTC positions have been decimated in the last 24 hours.

Binance Resumes Bitcoin Withdrawals After Several Hours of Stuck Transaction

Many Miners Find Ethereum Mining No Longer Profitable Due to High Energy Prices