📉 Bitcoin Slides Below $92K as Weekend Sell-Off Triggers Massive Liquidations
Bitcoin faced heavy selling pressure on Sunday evening, breaking below the $95,000 level it had managed to hold for most of the day. Around 6:15 p.m. ET, BTC dropped nearly 3%, hitting an intraday low near $91,917.📈📈
At the same time, traditional safe-haven assets moved in the opposite direction. Gold and silver surged to fresh highs, signaling a shift in risk sentiment as traders rotated capital out of crypto.
🔥 The sudden price drop sent shockwaves through the derivatives market, resulting in hundreds of millions of dollars in liquidations, primarily from overleveraged long positions.
🔍 Market Takeaways:
The $95K zone is emerging as a strong resistance level
Short-term volatility remains elevated
Capital rotation toward safe-haven assets is becoming more visible
💬 Do you see this move as a healthy correction—or a warning sign of deeper downside ahead?
#Bitcoin #BTC #CryptoNews #MarketUpdate #Liquidations #BinanceSquare
