Data from major exchanges shows futures crypto liquidations totaling $156M in 24 hours, with over 63% from long positions. This imbalance points to potential short-term bearish pressure following a failed breakout at $65k. (CRYPTO: BTC) anymore. Its monumental rise to become a global financial asset is impressive. "While not all markets lend themselves to operating 24/7, client demand for around-the-clock cryptocurrency trading has grown as market participants need to manage their risk every day of the week," Tim McCourt , Global Head of Equities, FX and Alternative Products at CME Group commented. The aggregated futures crypto volume crossed $45B daily, marking a 9% uptick from last week. Elevated turnover suggests traders are positioning for sharp moves during Asian trading hours.