150 million US dollars of liquidations when Bitcoin fell to 2-month low: Market Watch

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Von Krypto News Österreich

Die Situation rund um Bitcoin hat sich in den letzten 24 Stunden erneut verschlechtert, da der Vermögenswert auf den niedrigsten Preis seit fast zwei Monaten fiel. Den Altcoins geht es nicht besser, denn ETH, MATIC, SHIB, DOT, LDO und viele andere sind in den letzten 48 Stunden stark gesunken. Bitcoin fällt in Richtung 26.000 $ Bitcoin handelte einige Tage lang bis Dienstag seitwärts und verharrte ruhig bei rund 27.500 US-Dollar, in Erwartung der für Mittwoch geplanten US-VPI-Ankündigung. Als die Zahlen bekannt wurden und sich herausstellte, dass der Inflationsanstieg etwas geringer ausfiel als erwartet, ging die Kryptowährung tatsächlich in die Offensive …
The situation around Bitcoin has deteriorated again in the last 24 hours because the asset has fallen to the lowest price for almost two months. The old coins are not better, because ETH, Matic, Shib, Dot, LDO and many others have dropped sharply in the last 48 hours. Bitcoin falls towards $ 26,000 Bitcoin for a few days until Tuesday and still remained at around $ 27,500, in anticipation of the US VPI announcement planned for Wednesday. When the figures became known and turned out that the increase in inflation was somewhat lower than expected, the cryptocurrency actually went on the offensive ... (Symbolbild/KNAT)

The Situation around Bitcoin has deteriorated again in the last 24 hours, since the asset has fallen to the lowest price for almost two months.

The old coins is not better, because ETH, Matic, Shib, Dot, LDO and many others have dropped sharply in the last 48 hours.

Bitcoin falls towards $ 26,000

Bitcoin acted sideways for a few days until Tuesday and remained calm at around $ 27,500, in anticipation of the US VPI announcement planned for Wednesday. When the numbers became known and it turned out that the increase in inflation was somewhat lower than expected, the cryptocurrency actually went on the offensive and rose by $ 800 to almost $ 28,400.

However, this was only short-lived and BTC fell strongly in the following hours to less than $ 27,000. Although the asset initially recovered something, he started losing value again in the last 24 hours.

This culminated this morning to $ 26,100 (on Bitstamp), which has represented the lowest price of Bitcoin since mid-March. Although BTC has recovered by a few hundred dollars since then, it is still over 4 % in the day.

This has dropped to $ 510 billion and its dominance compared to the Alts has suffered a break-in and has dropped to 46.3 %.

somewhat expected, the increased volatility has led to daily liquidations of around $ 150 million according to Coinglass.

btcusd. tradingView btcusd. Tradingview

alts in red

Ethereum is another remarkable loser of the last 48 hours. Despite the declining amount of ETH on the stock exchanges, the price of the financial value has decreased by $ 250 during this period and has now fallen to a 6-week low that was registered today.

Binance Coin is about to break less than $ 300 after a daily decline of 2.3 %. Matic, Doge, Sol, Dot, TRX, LTC and Shib are also clearly in the minus compared to the old coins with larger market capitalization. Interestingly, XRP is the only alternative with a slight daily increase.

Other losses can be recorded at Toncoin and LDO - both have dropped by around 6 %.

Overall, the crypto market capitalization has shrunk by $ 40 billion every day, and the key figure is just over $ 1.1 trillion.

Overview of the cryptocurrency market. Quantify crypto Overview of the cryptocurrency market. Quantify crypto