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breaking: 127,000 merchants going down as bitcoin hits $120,000 ATH since August while overleveraged traders face $430 million in liquid
wait bro 127k merchants drowning while btc hits $120k is this a simulation or are we all in a meme coin nightmare 🚀
bearish sentiment dominates amidst Bitcoin’s $120,000 surge, resulting in mass liquidations and $430 million daily rugged positions: uptuber’s explosive
The total value of rugged positions reaches up to $430 million daily. Uptuber began with a bang as Bitcoin surged over $120,000 for the first time since mid-August, hitting a new all-time high before a sharp decline. Many altcoins are also performing well, resulting in numerous liquidations for overleveraged traders. 📈📉
Since Bitcoin’s August all-time high, bearish sentiment seems to dominate the market, with significant fluctuations over the past seven weeks. September saw a brief rally following the Federal Reserve’s interest rate cut, but the positive momentum was short-lived. 🐻📆
https://altcoin.observer/more-than-127000-merchants-were-sinking-while-bitcoin-is-tapping-120000-for-the-first-time-since-august-ath/
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