Crypto futures saw over $550 million in liquidations in the past 24 hours as Bitcoin volatility continued. Bitcoin briefly topped $68,500 before dropping to as low as $64,500, though has regained around $67,000. Memecoin futures like Dogecoin, Shiba Inu, and Pepecoin racked up nearly $90 million in losses. Leveraged bets on crypto futures have increased to over $66 billion in the past week. Traders expect Bitcoin to break its all-time high before the April halving event.
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00:00 It's Benzinga and here's what's on the block.
00:02 Crypto futures saw over $550 million in liquidations in the past 24 hours as Bitcoin volatility
00:07 continued. Bitcoin briefly topped $68,500 before dropping to as low as $64,500, though it regained
00:14 around $67,000. Memecoin futures like Dogecoin, Shiba Inu, and PepeCoin racked up nearly 90
00:19 million losses. Leveraged bets on crypto futures have increased to over $66 billion in the past
00:24 week. Traders expect Bitcoin to break its all-time high ahead of the April halving event.
00:28 For all things money, visit Benzinga.com.
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