Bitcoin Dips Below $102,000, Causing $177 Million in Liquidations Across the Network in a Single Hour

BlockBeats News, November 5th, according to HTX market data, Bitcoin has dropped below $102,000, currently trading at $101,854, with a 24-hour decrease of 1.29%.

Ethereum has dropped below $3,400, currently trading at $3,398.

Furthermore, as of the time of writing, a total of $177 million has been liquidated in the past hour, with long positions accounting for $161 million of the liquidations.