$397M Liquidation Cascade Drops Bitcoin $60k Odds Below 50%
Bitcoin's $60k same-day YES has fallen 23.5 percentage points to 49% as of 22:10 UTC Thursday amid a $397 million liquidation cascade tied to hawkish Federal Reserve signals.
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Bitcoin's $60k YES contract has retreated to 49% as of 22:10 UTC Thursday — down 23.5 percentage points from its 24-hour open of 72.5% — as the crypto liquidation wave that held the $62k line at 83.95% the previous session intensified on Thursday. The contract peaked at 88.5% at 07:57 UTC before shedding 41 percentage points, from 73.5% at 13:38 UTC to 32.5% at 14:03 UTC.
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