{"id":37042,"date":"2026-03-02T18:02:12","date_gmt":"2026-03-02T18:02:12","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=37042"},"modified":"2026-03-02T18:02:12","modified_gmt":"2026-03-02T18:02:12","slug":"432000000-in-bitcoin-and-crypto-liquidated-as-btc-price-jumps-to-69850","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=37042","title":{"rendered":"$432,000,000 in Bitcoin and Crypto Liquidated As BTC Price Jumps To $69,850"},"content":{"rendered":"

\"\"<\/p>\n

Leveraged Bitcoin and crypto traders are getting wrecked to start the week, as investors weigh the impact of the US and Israel\u2019s strikes on Iran.<\/p>\n

Bitcoin surged from a 24-hour low of $65,280 to as high as $69,850, triggering a total of $432 million in liquidations, according to CoinGlass<\/a>.<\/p>\n

The majority of the liquidations hit traders going short, coming in at $253 million.<\/p>\n

The pseudonymous crypto trader DonAlt says<\/a> the fact that BTC\u2019s price is not dropping despite the events in Iran is a potential sign of strength.<\/p>\n

\u201cBad news, decent response. Interesting spot, think you can make a good bull case here.<\/em><\/p>\n

Weekly support, negative macro news entirely disregarded. Maybe time for some up for at least a little bit, we have room up to $80,000 without flipping bullish.\u201d<\/em><\/p>\n

Trader Micha\u00ebl van de Poppe says<\/a> fear among crypto investors remains at levels typically seen near major market bottoms.<\/p>\n

\u201cOverlaying the data shows that markets have seen an extreme correction in terms of indicator metrics & the fear & greed index. <\/em><\/p>\n

The last time the Fear & Greed was this low: <\/em><\/p>\n

\u2013 Q4 2018 <\/em>
\n\u2013 COVID crash 2020 <\/em>
\n\u2013 Luna crash 2022 <\/em><\/p>\n

The chart itself shows that, over a longer period, the number goes up. It doesn\u2019t say this is the immediate bottom in Bitcoin, as in 2022 another low was made with higher Fear & Greed data. That\u2019s not what the chart means. However, historical data show that buying the asset with these fear & greed data points yields a positive return.\u201d<\/em><\/p>\n

\"\"
Source: X\/Micha\u00ebl van de Poppe<\/figcaption><\/figure>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

Generated Image: DALLE3<\/em><\/span><\/p>\n

The post $432,000,000 in Bitcoin and Crypto Liquidated As BTC Price Jumps To $69,850<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Leveraged Bitcoin and crypto traders are getting wrecked to start the week, as investors weigh the impact of the US and Israel\u2019s strikes on Iran. Bitcoin surged from a 24-hour low of $65,280 to as high as $69,850, triggering a total of $432 million in liquidations, according to CoinGlass. The majority of the liquidations hit […]<\/p>\n","protected":false},"author":1,"featured_media":37043,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-37042","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"\n$432,000,000 in Bitcoin and Crypto Liquidated As BTC Price Jumps To $69,850 - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=37042\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$432,000,000 in Bitcoin and Crypto Liquidated As BTC Price Jumps To $69,850 - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Leveraged Bitcoin and crypto traders are getting wrecked to start the week, as investors weigh the impact of the US and Israel\u2019s strikes on Iran. 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