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Bitcoin’s Sudden 5% Plunge Triggers Over $165 Million in Leveraged Losses Amidst ETF Outflows and Tether’s Brief Depeg Dogecoin Founder Comments on Recent Bitcoin Crash, Hold Tight Crypto Bulls Take $365 Million Beating After Bitcoin Crash Cryptocurrency Flash Crash Slices 4% Off Crypto Market Cap As Bitcoin, Solana, Dogecoin Plunge Bitcoin’s 5% Flash Crash Triggers $165M in Leveraged Liquidations: Market Reels How Will Bitcoin (BTC) Move After Its Decline? Will a Rapid Recovery Come? Analysts Shared Their Predictions!

Apr / 03
- Bitcoin’s Sudden 5% Plunge Triggers Over $165 Million in Leveraged Losses Amidst ETF Outflows and Tether’s Brief Depeg
  
  Apr 03, 2024 at 07:09 am Crypto Intelligence
  
  A sharp 5% drop in Bitcoin's value on Tuesday led to substantial losses for traders with leveraged positions. By 2 UTC, Bitcoin's price plunged from $69,450 to $65,970, triggering liquidations exceeding $165 million, including $50 million in Bitcoin long positions and $40 million in Ether longs. Bitcoin ETFs experienced fund withdrawals totaling $86 million, with Grayscale's GBTC incurring $302 million in outflows. The incident highlights the volatility of the cryptocurrency market and the risks associated with leveraged trading.

Apr / 02
- Dogecoin Founder Comments on Recent Bitcoin Crash, Hold Tight
  
  Apr 02, 2024 at 10:44 pm U_Today
  
  Dogecoin co-founder Billy Markus took to Twitter on April 1, 2024, to share his thoughts on the recent 7.33% plunge in Bitcoin's price. Using a meme from Star Wars Episode II, Markus joked that Bitcoin had warned of its impending crash on April Fools' Day with no intention of recovering.
- Crypto Bulls Take $365 Million Beating After Bitcoin Crash
  
  Apr 02, 2024 at 11:04 pm Bitcoinist
  
  Cryptocurrency markets witnessed substantial liquidations, primarily from long holders, amounting to $365 million in the past 24 hours. This "long squeeze" occurred as Bitcoin's price dropped below $66,000, triggering forced closures of contracts with excessive losses. The majority of liquidations took place within the last 12 hours, with Bitcoin accounting for $137 million, followed by Ethereum with $100 million. Solana and Dogecoin also experienced notable liquidations, contributing $15 million each.
- Cryptocurrency Flash Crash Slices 4% Off Crypto Market Cap As Bitcoin, Solana, Dogecoin Plunge
  
  Apr 02, 2024 at 07:09 pm Inside Bitcoins
  
  The crypto market has experienced a significant downturn with a flash crash that has caused substantial losses across the top 10 cryptocurrencies. Bitcoin (BTC) dropped below $67K, a decline of over 4%, while Ethereum (ETH) shed over 5% of its value. Dogecoin (DOGE) suffered the most significant loss among the top cryptos, plunging by 9%. The selloff is attributed to profit-taking by long-term holders and a strengthening US Dollar supported by positive economic indicators.
- Bitcoin’s 5% Flash Crash Triggers $165M in Leveraged Liquidations: Market Reels
  
  Apr 02, 2024 at 05:04 pm CO NEWS
  
  Bitcoin's sudden 5% drop triggers a market sell-off, resulting in over $165 million in leveraged trading losses. Ether, Dogecoin, and Solana face significant liquidations, while Bitcoin ETFs experience a net outflow of $86 million. Tether's temporary depeg from its dollar peg adds to the market uncertainty. The event highlights the risks of leveraged trading and the interconnectedness of the cryptocurrency ecosystem.
- How Will Bitcoin (BTC) Move After Its Decline? Will a Rapid Recovery Come? Analysts Shared Their Predictions!
  
  Apr 02, 2024 at 04:54 pm Bitcoin Sistemi EN
  
  Bitcoin plummeted to $66,000, triggering losses in Ethereum, Solana, BNB, and Dogecoin. Analysts attribute the decline to long-term investors selling, anticipating consolidation within a range. The broader market's cautious stance on risky assets, exemplified by Nasdaq100's decline, is also seen as a factor.
- Bitcoin One Last Step Away From Completing All-Time High Breakout, According to Crypto Strategist
  
  Apr 02, 2024 at 03:19 pm TheBitTimes
  
  Crypto analyst Rekt Capital predicts Bitcoin is close to breaking out of its current correction and soaring to a new all-time high. According to the analyst, Bitcoin has already closed above its resistance at $69,000, completing the first step of the breakout process. The final step involves flipping this resistance level into support, which Bitcoin is expected to achieve if it can retest it successfully as new support.
- Bitcoin and Altcoins Bleeding, But Here’s Why Community Expects a ‘Quick Rebound’
  
  Apr 02, 2024 at 02:39 pm CaptainAltcoin
  
  Today, the crypto market experiences a downturn as Bitcoin and major altcoins have suffered substantial losses. Bitcoin's value has dropped around 4% within 24 hours, while popular altcoins like Solana, Dogecoin, Avalanche, and Cardano have all plummeted by 5% or more. Despite the sell-off, on-chain data provider Santiment reports that the crypto community remains bullish and anticipates a swift recovery.
- Bitcoin Nosedives $3K in Latest Flush Out But Analysts Unfazed
  
  Apr 02, 2024 at 01:18 pm CryptoPotato
  
  With a staggering $200 billion loss, the total cryptocurrency market capitalization has plummeted more than 6%, dipping to around $2.5 trillion. Within a 24-hour period, an estimated $500 million in liquidations has been incurred, affecting over 150,000 traders. Despite the sharp decline in Bitcoin's value, analysts remain optimistic, attributing it to a necessary market correction.
- Harga Bitcoin (BTC) Jatuh Cepat, US$220.000 Lenyap
  
  Apr 02, 2024 at 12:14 pm blockchainmedia.id
  
  Bitcoin (BTC) has commenced the new week under significant pressure, following a sharp decline that has brought its value below the $69,000 threshold once more at the time of writing. This represents a stark reversal from its previous trajectory, casting a shadow over the cryptocurrency's short-term outlook. While there has been a modest recovery since, the impact of the sudden downturn has been substantial, with numerous investors feeling the squeeze from heightened market volatility.

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