Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions
The crypto community amidst its expectancy for bull runs has received shock waves this past week. In an additional remark, the crypto market recorded a $110 million liquidation in under an hour, during the Asian morning hours of July 5. With such high liquidation rates, the market has dipped into
Bitcoin (BTC), the dominant cryptocurrency in the global crypto market, has been experiencing a positive price momentum since the beginning of 2023. The market leading coin has reached a two-month high of around $20k amid the market’s rapid surge. Despite this, short traders have witnessed a massive loss following the
Crypto market stands with a 24-hour trading volume of $73.84B USD. Total TVL in DeFi protocols dropped by 2.04% in the last 24h. Bears have entirely taken control of the steering and are driving the crypto market towards steeping losses. As the major cryptos began to bottom out, the market
