Bitcoin’s Price Volatility Explodes as Liquidations Surge Past $800 Million

Bitcoin’s price volatility has returned at the start of the business week, with the asset getting rejected at $84,000 yesterday, only to crash by over three grand before staging a notable comeback. With most altcoins following a similar trajectory, it’s no wonder that the total value of wrecked positions has skyrocketed to well over $800 million on a daily scale. BTC experienced a major leg down at the end of the previous business week when the bears drove it hard to an 18-day low of $80,400.