Bitcoin plummets below $16k, taps another 2-year low

Bitcoin crashed back beneath $16,000 on Nov.22. This is Bitcoin’s second time recording a 2-year low this month after its descent to $15,700 in the wake of FTX’s collapse.

According to Coinglass, over 67,000 traders were liquidated within the past 24 hours, for $188 million in total. The largest single liquidation took place on BitMEX for $7 million.