đ 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.đđ
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.
đ„ The sudden price drop sent shockwaves through the derivatives market, resulting in hundreds of millions of dollars in liquidations, primarily from overleveraged long positions.
đ 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
đŹ Do you see this move as a healthy correctionâor a warning sign of deeper downside ahead?
#Bitcoin #BTC #CryptoNews #MarketUpdate #Liquidations #BinanceSquare
