Bitcoin approaches $30k amid $140M of liquidations in 24 hours
- Bitcoin (BTC) hits $30,000 and is up more than 5% today.
- Liquidations have been heavy in the short term, reaching over $120 million in the last 24 hours.
- of perpetual funding rate Bitcoin went negative this morning.
- Open interest in futures rose more than 8% over the past 24 hours before plummeting to $30,000.
The post of Bitcoin approaching $30,000 amid $140 million liquidation in 24 hours first appeared on CryptoSlate.