Bitcoin (BTC), the world’s largest crypto is on a recovery rally amid the emerging global bank crisis. After dipping below the crucial price level of $20K on March 10, Bitcoin price rose up to break through the vital $26K price level on March 14. However, from then over BTC is hovering around the $25K-$26K price level.

As per the data provided by Coinglass, more than 36K traders were liquidated over the past 24 hours. However, the total liquidations come in at $112.5 million. Binance, the world’s largest crypto exchange registered the largest amount of liquidation of $39 million in the last 24 hours.

(By Ashish Kumar)