Bitcoin’s sharp pullback leads to over $1.7 billion in liquidations: Cloud mining may become a safe haven
Bitcoin fell 2.91% over the previous 24 hours, hitting a low of $111,663 earlier than rebounding above the $112,000 help stage. Nearly $1.7 billion in lengthy positions have been liquidated, doubtlessly the biggest such liquidation since 2025. Such a large sell-off caught many buyers off guard. Analysts stated the plunge had been fueled by a…