Bitcoin Falls to $60K as $2.7B Liquidations Erase Post-Election Gains

Wintermute reports U.S.-driven sell-offs pushed Bitcoin below $80K and briefly to its lowest level since April 2025.

BTC

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Terms & Concepts
  • Liquidation: The forced closure of leveraged trading positions, often triggered when margin requirements are unmet.
  • BTC: Ticker symbol for Bitcoin, the world’s largest cryptocurrency by market capitalization.
  • Post-Election Rally: A market surge following an election, often influenced by anticipated policy changes.