Bitcoin fell $77,000, and $478 million in leverage positions was liquidated

Bitcoin fell by $77,000, with a minimum impact of $76,845 and was liquidated for leverage positions of $4,788.6 million. According to the currency network data, some 95,731 traders have been liquidated over the past 24 hours, with multiple traders losing approximately $368 million. In his address to Jackson Hall, Federal Reserve Chairman Kevin Walsh stated that, despite recent improvements in inflation data, inflation was still above the Fed ' s target of 2 per cent, raising concerns about future interest rate expectations. The analysts noted that the next step in bitcoin would depend on regaining the key technology level of $81,000。