Bitcoin's crash to $65K triggers $1.8B in crypto liquidations
Bitcoin fell 8% to a nine-week low around $65,360 as geopolitical तनाव around the US-Iran conflict increased risk aversion. The drop wiped out leveraged longs across crypto, triggering about $1.83 billion in total liquidations, including $774 million in Bitcoin longs and $440 million in Ether longs. Bitcoin’s move extended its decline from the local high near $82,800 to about 21%. Exchange data showed Bitcoin supply on Binance rising to a three-month high, suggesting more potential selling pressure if inflows continue. Traders now see $65,000–$66,000 as short-term support, with $61,000 and the 200-week moving average as the next major support zone. Many analysts считают a retest of $60,000 likely, and a break below that level could signal a deeper downtrend.
