In the last 24 hours, cryptocurrency markets experienced significant turmoil, resulting in over $1 billion in liquidated positions as Bitcoin fell below the $99,000 threshold for the first time in more than six weeks.
Traders in the crypto sector faced severe challenges, with approximately 240,000 accounts being liquidated during this $1 billion sell-off. The market's volatility on Sunday has raised concerns about the stability of cryptocurrencies.
