The cryptocurrency market started the week sharply lower, with Bitcoin reaching a new multi-month low of $73,500 before recovering slightly above $74,500. Ether fell below $2,100, while XRP dropped to $1.06 before retreating to $1.09. More than 155,000 overleveraged traders were liquidated over 24 hours, with the value of liquidated positions exceeding $1 billion, including more than $930 million in longs. The largest liquidated position, worth nearly $50 million, involved Ether and occurred on Binance.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
