A sudden 5% drop saw Bitcoin fall to $117k, with $577 million liquidated in one hour, highlighting ongoing market volatility.
Bitcoin fell below $117,000, according to HTX market data on Aug. 18, representing a 0.58% daily decline and extending a prior sharp drop. Earlier, the price plunged 5% to this level, triggering $577 million in liquidations within an hour, underscoring the digital asset’s high volatility.