{"id":518459,"date":"2023-02-02T13:00:39","date_gmt":"2023-02-02T13:00:39","guid":{"rendered":"https:\/\/wncen.com\/?p=518459"},"modified":"2024-06-11T08:06:42","modified_gmt":"2024-06-11T08:06:42","slug":"crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","title":{"rendered":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations"},"content":{"rendered":"

On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this.<\/p>\n

Crypto Market Liquidations Cross $130 Million<\/h2>\n

With bitcoin\u2019s rally above $24,000, short traders have once again drawn the short stick and are getting brutalized in the market. As of Thursday morning, the volume of liquidations over the last 24 hours has quickly crossed $130 million.<\/p>\n

Related Reading: Are Nigerians Really Buying Bitcoin For As High As $34,000?<\/a><\/div>\n

Over 47,000 traders have seen their positions liquidated with the market rally and as expected, the vast majority of these have been short traders. Data from Coinglass<\/a> shows that 72.96% of all traders affected during this liquidation event were short traders.<\/p>\n

Furthermore, almost half of all liquidations took place on the Binance crypto exchange at 48.34%, while Bybit accounted for 19.37%, and OKX followed closely behind at 14.96%. Interestingly, the largest single liquidation took place on the Bybit exchange on the BTCUSD pair worth $1.69 million.<\/p>\n

\"Crypto<\/p>\n

Liquidations cross $130 million | Source: Coinglass<\/pre>\n
Bitcoin leads the pack with over 1,670 BTC liquidated worth $39.67 million. Ethereum saw 20,560 ETH liquidated with $34.31 million, as the price of ETH rocketed past $1,660. Aptos, Solana, and Optimism made the top 5 with liquidations of $6.10 million, $4.05 million, and $2.95 million, respectively.<\/p>\n
In the last four hours though, there seems to be a turn in the trend with bitcoin’s drop below $24,000. While short traders are still suffering the majority of liquidations (58.14%), long positions are catching up.<\/p>\n
What Happens If Bitcoin Keeps Growing?<\/h2>\n
Bitcoin has since retraced after climbing above $24,000 but the digital asset still maintains its bullish streak. This means that there is still a long runway for bitcoin and it could possibly climb back above $24,000 before the trading day is over.<\/p>\n
Related Reading: Data Suggests Sharks Were Behind Litecoin\u2019s 89% Rise To $97, But What About Now?<\/a><\/div>\n
If this happens, then the liquidations are expected to ramp up quickly. BTC\u2019s consolidation over the last few days had worked to sow doubt in the market, and short positions were opened during this time. The Fed\u2019s decision to only raise interest rates by 25 basis points has already instilled more trust in investors who are now more willing to take risks.<\/p>\n
\"Bitcoin<\/p>\n
BTC trending above $23,800 | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Presently, with BTC ranging above its 200-day moving average, $25,000 is more likely a point for the digital asset to end its rally before a major pullback.<\/p>\n
At the time of this writing, bitcoin is still changing hands just below $24,000 at $23,800. Nevertheless, the digital asset is seeing gains of 3.39% in the last 24 hours, according to data from Coinmarketcap.<\/p>\n
Follow Best Owie on Twitter<\/a> for market insights, updates, and the occasional funny tweet\u2026 Featured image from Bitcoinist, chart from TradingView.com<\/div>\n
 <\/p>\n","protected":false},"excerpt":{"rendered":"
On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto market to rally and the liquidations have ramped up as the market took advantage of this. Crypto Market Liquidations Cross $130 Million With bitcoin\u2019s rally above $24,000, short traders have once again drawn the short stick and are getting brutalized in the market. As of Thursday morning, the volume of liquidations over the last 24 hours has quickly crossed $130 million. Related Reading: Are Nigerians Really Buying Bitcoin For As High As $34,000? Over 47,000 traders have seen their positions liquidated with the market rally and as expected, the vast majority of these have been short traders. Data from Coinglass shows that 72.96% of all traders affected during this liquidation event were short traders. Furthermore, almost half of all liquidations took place on the Binance crypto exchange at 48.34%, while Bybit accounted for 19.37%, and OKX followed closely behind at 14.96%. Interestingly, the largest single liquidation took place on the Bybit exchange on the BTCUSD pair worth $1.69 million. Liquidations cross $130 million | Source: Coinglass Bitcoin leads the pack with over 1,670 BTC liquidated worth $39.67 million. Ethereum saw 20,560 ETH liquidated with $34.31 million, as the price of ETH rocketed past $1,660. Aptos, Solana, and Optimism made the top 5 with liquidations of $6.10 million, $4.05 million, and $2.95 million, respectively. In the last four hours though, there seems to be a turn in the trend with bitcoin’s drop below $24,000. While short traders are still suffering the majority of liquidations (58.14%), long positions are catching up. What Happens If Bitcoin Keeps Growing? Bitcoin has since retraced after climbing above $24,000 but the digital asset still maintains its bullish streak. This means that there is still a long runway for bitcoin and it could possibly climb back above $24,000 before the trading day is over. Related Reading: Data Suggests Sharks Were Behind Litecoin\u2019s 89% Rise To $97, But What About Now? If this happens, then the liquidations are expected to ramp up quickly. BTC\u2019s consolidation over the last few days had worked to sow doubt in the market, and short positions were opened during this time. The Fed\u2019s decision to only raise interest rates by 25 basis points has already instilled more trust in investors who are now more willing to take risks. BTC trending above $23,800 | Source: BTCUSD on TradingView.com Presently, with BTC ranging above its 200-day moving average, $25,000 is more likely a point for the digital asset to end its rally before a major pullback. At the time of this writing, bitcoin is still changing hands just below $24,000 at $23,800. Nevertheless, the digital asset is seeing gains of 3.39% in the last 24 hours, according to data from Coinmarketcap. Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026 Featured image from Bitcoinist, chart from TradingView.com  <\/p>\n","protected":false},"author":541,"featured_media":518470,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,6664,1558,85078],"class_list":["post-518459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-crypto","tag-cryptocurrency","tag-liquidations"],"acf":[],"yoast_head":"\nCrypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations<\/title>\n<meta name=\"description\" content=\"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations\" \/>\n<meta property=\"og:description\" content=\"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T13:00:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:06:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\" \/>\n\t<meta property=\"og:image:width\" content=\"880\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations\",\"datePublished\":\"2023-02-02T13:00:39+00:00\",\"dateModified\":\"2024-06-11T08:06:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\"},\"wordCount\":477,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\",\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"cryptocurrency\",\"liquidations\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\",\"url\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\",\"name\":\"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\",\"datePublished\":\"2023-02-02T13:00:39+00:00\",\"dateModified\":\"2024-06-11T08:06:42+00:00\",\"description\":\"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\",\"width\":880,\"height\":400,\"caption\":\"Bitcoin crypto liquidations\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/wncen.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations","description":"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations","og_description":"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the","og_url":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-02-02T13:00:39+00:00","article_modified_time":"2024-06-11T08:06:42+00:00","og_image":[{"width":880,"height":400,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/"},"author":{"name":"Best Owie","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations","datePublished":"2023-02-02T13:00:39+00:00","dateModified":"2024-06-11T08:06:42+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/"},"wordCount":477,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","keywords":["bitcoin","btc","crypto","cryptocurrency","liquidations"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","url":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","name":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","datePublished":"2023-02-02T13:00:39+00:00","dateModified":"2024-06-11T08:06:42+00:00","description":"On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","width":880,"height":400,"caption":"Bitcoin crypto liquidations"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Market Still Reeling As Bitcoin\u2019s Break Above $24,000 Triggers Liquidations","url":"http:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","crypto","cryptocurrency","liquidations"],"dateCreated":"2023-02-02T13:00:39Z","datePublished":"2023-02-02T13:00:39Z","dateModified":"2024-06-11T08:06:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Market Still Reeling As Bitcoin\\u2019s Break Above $24,000 Triggers Liquidations\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/crypto-market-still-reeling-as-bitcoins-break-above-24000-triggers-liquidations\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/Bitcoin-crypto-liquidations.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/02\\\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"cryptocurrency\",\"liquidations\"],\"dateCreated\":\"2023-02-02T13:00:39Z\",\"datePublished\":\"2023-02-02T13:00:39Z\",\"dateModified\":\"2024-06-11T08:06:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/02\/Bitcoin-crypto-liquidations.jpeg?fit=880%2C400","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/518459"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=518459"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/518459\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/518470"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=518459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=518459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=518459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}