Bitcoin sinks under $60,000 as $157 million in long positions are liquidated

Bitcoin (BTC) is down 4.4% in the past 24 hours after losing the $60,000 price floor today, according to data aggregator CoinGecko. This movement prompted a price slump in the whole market, resulting in nearly $157 million in long positions being liquidated intraday.Image: CoinglassThe negative performance of Bitcoin and other crypto could be tied to the looming fears of a Mt. Gox creditors... source: https://cryptobriefing.com/bitcoin-price-drop-liquidations/