Bitcoin Plunges, Over $1 Billion in Liquidations as Market Roils

比特币暴跌，随着市场Roils的流量超过10亿美元的清算

Bitcoin (BTC) has plummeted in the past 24 hours, reaching its lowest point since January 13. The leading cryptocurrency has lost over $9,000 since last week's peak, dipping below $90,000. This volatility has led to significant liquidations, surpassing $1 billion.

比特币（BTC）在过去的24小时内暴跌，达到自1月13日以来的最低点。自上周的峰值以来，领先的加密货币损失了9,000美元以上，下降到90,000美元以下。这种波动导致了大量清算，超过了10亿美元。

Bitcoin Price Collapse

比特币价格崩溃

Bitcoin soared to $99,500 last Friday, driven by positive developments in Coinbase's ongoing legal battle with the SEC. However, the market has since soured.

在Coinbase与SEC正在进行的法律斗争中，比特币上周五飙升至99,500美元。但是，从那以后，市场就变了。

The weekend saw Bitcoin prices hold steady around $96,000. A modest pullback on Monday brought the price down to $94,000. By Tuesday morning, selling pressure intensified, pushing Bitcoin below $90,000, its lowest level in six weeks.

周末看到比特币价格稳定在96,000美元左右。周一的谦虚回调使价格下降到94,000美元。到星期二早上，销售压力加剧，将比特币低于90,000美元，这是六周内的最低水平。

$1 Billion in Liquidations

10亿美元的清算

The sharp decline in Bitcoin and altcoins has resulted in massive liquidations of leveraged positions. In the past 24 hours, over $1.3 billion in positions have been forcibly closed, with approximately $1.25 billion coming from long positions.

比特币和替代币的急剧下降导致杠杆位置的大量清算。在过去的24小时中，超过13亿美元的职位已被强行关闭，长位置约为12.5亿美元。

The largest single liquidation occurred on the Binance exchange, reaching $20 million. According to CoinGlass data, over 364,000 investors have had their positions liquidated within the past day.

最大的一次清算发生在二元交易所，达到2000万美元。根据Coinglass数据，过去几天，超过364,000名投资者已清算了职位。

Altcoin Market Suffers

Altcoin市场受到影响

The altcoin market has also been hit hard, with major coins such as Ethereum (ETH), Dogecoin (DOGE), and Solana (SOL) experiencing double-digit drops. The market turmoil is partly attributed to a major hack at the Bybit exchange, where $1.4 billion was reportedly stolen. This has eroded investor confidence and contributed to the negative market trend.

Altcoin市场也受到了巨大的打击，例如以太坊（ETH），Dogecoin（Doge）和Solana（Sol）（Solana（Sol）（Solane）经历了两位数下降的货币。市场动荡部分归因于Bybit Exchange的重大黑客攻击，据报道，14亿美元被盗。这侵蚀了投资者的信心，并促进了负面市场趋势。