$BTC briefly fell toward $80.3K before recovering to around $82.6K. $ETH also bounced from its recent low and is now trading near $2.48K after the broader market selloff.
The move triggered about $1.19B in crypto liquidations over 24 hours, with long positions accounting for more than $1B. ETH
saw roughly $356M in liquidations, compared with around $298M for BTC
On the charts, BTC is testing the area near its 25-day moving average, while ETH remains below its short- and medium-term moving averages. This suggests the recovery is still developing and needs confirmation.
#bitcoin #Ethereum #CryptoMarket
The move triggered about $1.19B in crypto liquidations over 24 hours, with long positions accounting for more than $1B. ETH
saw roughly $356M in liquidations, compared with around $298M for BTC
On the charts, BTC is testing the area near its 25-day moving average, while ETH remains below its short- and medium-term moving averages. This suggests the recovery is still developing and needs confirmation.
#bitcoin #Ethereum #CryptoMarket