Bitcoin price falls to $65K as $400M crypto market liquidation rocks BTC and altcoins

This content discusses the impact of leverage and volatility in cryptocurrency trading, leading to significant losses and liquidations among traders.

• [📉] Bitcoin's price plummeted 5% in under an hour on April 12th, causing losses.
• [💰] Over $49 million worth of losses followed, affecting many traders.
• [💸] $417 million in leverage positions were wiped out in a single hour.
• [📉] Liquidations reached a staggering $860 million total.
• [📉] Rising interest rates and inflation concerns contributed to the market jitters.
• [🌍] Geopolitical tensions added to the uncertainties in cryptocurrency trading.