Is Bitcoin bear season here as $200 million worth BTC liquidated in the last 24 hours

Traders counted their losses during the intraday trading session in the cryptocurrency market on 19 August as the bloodbath led to over $600 million in liquidations, data from Coinglass revealed. The series of liquidations that ensued led the global cryptocurrency market capitalization to decline by 5.8% in the last 24 hours…