Bitcoin drops below $60,000, the lowest since October 14, 2024

Odaily reported that OKX market data shows Bitcoin has fallen below $60,000, currently trading at $59,855, marking its lowest point since October 14, 2024. (Previously, on February 6 this year, it briefly touched $60,000)

Coinglass data indicates that over the past 4 hours, total liquidations across the network reached $8.1 billion, with long position liquidations at $4.24 billion and short position liquidations at $3.86 billion. Among these, Bitcoin liquidations over the past 4 hours amounted to $162 million.