Bitcoin's recent price drop has been a topic of discussion among cryptocurrency enthusiasts and analysts. On [date], the value of Bitcoin plummeted from $73,900 to $70,600 in just one day, resulting in over $648 million in liquidations.
This event was followed by another significant price drop within the next 24 hours, with the value of Bitcoin falling further to $67,600 and liquidating an additional $616 million. This brings the total market liquidation to over $1.2 billion in just under a day.