Crypto Market Suffers $190M Liquidation as Signs of Potential Rally Emerge

A dramatic dip in the crypto market has resulted in over $190 million in liquidations in just 24 hours. Bitcoin’s recent drop, attributed to heightened geopolitical tensions stemming from the Middle East, contributed significantly to this decline. However, some altcoins are showing signs of a potential rebound, with short traders facing significant losses and long positions experiencing modest losses.