Bitcoin drops 5%, triggers $312 million in liquidations amid Middle East tensions

Bitcoin (BTC) is down by 5.2% over the past 24 hours after being rejected at the $70,000 price level on July 29th and the scaling of Middle East conflicts. The pullback affected major altcoins, such as Solana (SOL), which is down by 10% in the same period. This movement triggered nearly $312 million in daily liquidations.The liquidation wave hit mostly traders with open long positions,... source: https://cryptobriefing.com/bitcoin-price-drop-liquidations-2/