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Crypto

Bitcoin Blasts Past $64,000 as Traders Face Liquidation Wave

Guavy AI Editorial Team
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Bitcoin's price surged above $64,000 on Monday as markets continued to watch the expiration of the 60-day U.S.-Iran truce.

CoinGlass data shows that a significant number of traders were liquidated in the past 24 hours, with 61,780 traders losing $196.26 million.

Notably, spot Bitcoin ETFs saw net outflows of $57.6 million on Friday, while Ethereum ETFs reported no net inflows or outflows.

Cryptocurrency analyst Trader Dom expects volatility to pick up soon, with the key level to watch being $67,000 resistance.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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