Bitcoin Drops to $60K as TRM Labs Achieves Unicorn Status

Bitcoin's plunge to $60K coincides with a staggering $2.56 billion in liquidations, marking a notable day in crypto markets.

Bitcoin has experienced a decline, falling to approximately $60,000, amidst significant activity in the crypto derivatives sector, which saw liquidations totaling a staggering $2.56 billion. This figure ranks as the 10th highest recorded for a single day in the history of cryptocurrency trading.