The withdrawal of President Joe Biden from the 2024 presidential race caused significant liquidations in the futures markets. Approximately $67 million worth of long positions were liquidated within 30 minutes of Biden’s announcement. Noteworthy, Bitcoin experienced a sharp 2.3% decline, triggering major sell-offs, but later recovered significantly. The announcement of President Biden’s withdrawal from the The post Bitcoin Sees Major Liquidations Amid Biden’s Withdrawal from 2024 Presidential Race appeared first on COINOTAG NEWS .