Bitcoin Volatility Triggers $550 Million in Crypto Futures Liquidations

Crypto futures saw over $550 million in liquidations in the past 24 hours as Bitcoin volatility continued. Bitcoin briefly topped $68,500 before dropping to as low as $64,500, though has regained around $67,000. Memecoin futures like Dogecoin, Shiba Inu, and Pepecoin racked up nearly $90 million in losses. Leveraged bets on crypto futures have increased to over $66 billion in the past week. Traders expect Bitcoin to break its all-time high before the April halving event.