#Crypto market sees $1.16 billion in liquidations in 24 hours
$1.16 billion—wiped out in liquidations across the market in just 24 hours.
The broader market fell across the board this morning: Bitcoin dropped to $73,536, Ethereum fell 2.85%, $SOL dropped 3.69%, and the Fear Index sank to just 26. Even the privacy coins that surged the most over the past couple of days gave back nearly 12% in a single day.
But there was an outlier among the top gainers: $ICP rose 6.9% against the trend, ranking fourth among the top 250. In this weak market, investors are clearly looking for assets that are holding up relatively well.
At midday, neither bulls nor bears should get carried away. Volatility is extremely high, so participate with caution.
$1.16 billion—wiped out in liquidations across the market in just 24 hours.
The broader market fell across the board this morning: Bitcoin dropped to $73,536, Ethereum fell 2.85%, $SOL dropped 3.69%, and the Fear Index sank to just 26. Even the privacy coins that surged the most over the past couple of days gave back nearly 12% in a single day.
But there was an outlier among the top gainers: $ICP rose 6.9% against the trend, ranking fourth among the top 250. In this weak market, investors are clearly looking for assets that are holding up relatively well.
At midday, neither bulls nor bears should get carried away. Volatility is extremely high, so participate with caution.