It has been a wild week for the crypto market.
- Bitcoin hit a new yearly low of $58,126, wiping out $150 BILLION in market cap.
-
$ETH
dropped to 1,510, erasing $31 BILLION.
- Bitcoin ETFs sold 1.79 BILLION worth of $BTC , the second-largest weekly sell-off since launch.
- Almost $2.5 BILLION in long positions has been liquidated.
- Saylor and Tom Lee’s combined unrealized losses hit $24.5 BILLION. #Altcoin Season# #BTC Price Analysis#
- Bitcoin hit a new yearly low of $58,126, wiping out $150 BILLION in market cap.
-
$ETH
dropped to 1,510, erasing $31 BILLION.
- Bitcoin ETFs sold 1.79 BILLION worth of $BTC , the second-largest weekly sell-off since launch.
- Almost $2.5 BILLION in long positions has been liquidated.
- Saylor and Tom Lee’s combined unrealized losses hit $24.5 BILLION. #Altcoin Season# #BTC Price Analysis#