The Coin Detective
Coins:
1990
Market cap:
$ 2492.57B
Volume 24h:
$ 147.27B
BTC dominance:
56%

Why Is Bitcoin Dropping?

By https://coinpedia.org/ on February 28, 2026

The post Why Is Bitcoin Dropping? appeared first on Coinpedia Fintech News Bitcoin fell 6.25% to $63,442 in 24 hours, hit by a wave of liquidations and growing risk aversion across markets. About $87.8 million in BTC positions were wiped out as funding rates turned negative, signaling heavy leveraged selling. Heavy liquidations, nearly $100 million in long positions, were triggered when prices slid, flushing out leveraged traders. …

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Related coins: Bitcoin