Crypto Market Selloff Deepens: $640M Liquidated as Bitcoin, Ethereum, and XRP...
The global crypto market suffered a sharp downturn on Wednesday, with over $640 million in leveraged positions liquidated as traders rushed to exit amid profit-taking and ETF outflows. Related Reading: Ripple Is Giving The XRP Ledger An AI Brain — Here’s How According to data from Coinglass, Bitcoin (BTC) and Ethereum (ETH) bore the brunt […]
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Ethereum (ETH) has fallen below $1,000 for the first time in more than a year as the broader crypto market continues to slide south with no quick remedy in sight, or at least not yet. Ether (ETH) was one of the cryptocurrencies that performed particularly poorly, falling 7.32 percent over the past day to follow Bitcoin’s loss. The second largest cryptocurrency by market capitalization is presently selling at $950, down 37.4 percent in the past week. Examining the bitcoin market as a whole over the previous two weeks reveals that its entirety has been falling. This decline has....
The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their positions liquidated. Bitcoin Dip Triggers $151 Million Liquidations Over the last 24 hours, more than 57,000 traders have been liquidated in the crypto market. This has led to a total of $151 million in assets liquidated over the last day. The most prominent of these has been....
Ethereum has seen an intense selloff ever since its price reached highs of $1,450 just a few days ago The selling pressure here was rather intense and came about right as BTC started reversing its uptrend This caused the aggregated market to see some intense selling pressure that has yet to alleviate The crypto is […]
Ethereum is back on another winning streak as it breaks above $1,900. This follows a weekend that was mostly characterized by low momentum but would eventually turn for the better. In the wake of this, there have been a lot of short liquidations in the market due to the recovery. However, the liquidations in Ethereum hit a new three-year high when thousands of short positions were liquidated on the Bitfinex cryptocurrency exchange. Bitfinex Short Liquidations Grow The Bitfinex crypto exchange is one of the largest exchanges in the world and is highly favored by both amateur and....
As the market ushers in another week of trading, the price of Ethereum has been struggling to hold above $1,100. This coveted point which it had broken last week remains an important technical level, which is why bulls continue to fight to hold it. However, with the decline of the digital asset’s price below $$1,200, its liquidations have been ramping up and in the last four hours, it had briefly surpassed bitcoin as more traders lose their positions. Over $30 Million Ethereum Liquidated Ethereum liquidations shot past bitcoin liquidations as its price continued to decline. In the last 24....