Bitcoin’s $100,000 Price Point Could Trigger $1 Billion in Liquidations

A recent warning has surfaced in the cryptocurrency market: if Bitcoin drops to $100,000, over $1 billion in leveraged positions could be automatically liquidated. This potential risk is tied to the surge of traders holding long positions, betting on further gains for Bitcoin after recent price surges. This level of leverage creates a volatile situation where even small corrections could trigger drastic liquidations.