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Over $433M in Liquidations As Bitcoin, Ethereum Plunge

From decrypt.co

Bitcoin (BTC) continued its bearish price action over the weekend, with the leading cryptocurrency dropping to a new 3-month low of $18,390, according to data from CoinMarketCap. Bitcoin now changes hands at around $18,440, down 8% over the past 24 hours, despite a 64% jump in daily trading volume.BTC has lost over 17% of its value over the past week, and is down over 73% from its all-time high of $68,789.63 in November 2021. The market capitalization of Bitcoin has more than halved, plummeting from $1.27 trillion last November to under $354 billion today. Yesterday, Bitcoin’s network difficulty reached an all-time ... (full story)

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  • Category: Fundamental Analysis