Bitcoin’s price nosedived once again on Tuesday morning to $80,850 before quickly rebounding toward $84,000, marking a higher low compared to the previous low of $80,400 recorded last week. Most large-cap altcoins experienced more substantial declines, with ZEC dropping over 6% to $1,226 and NEAR plummeting 10% to under $5.20. Liquidations of leveraged positions reached over $800 million in a single day, and the total crypto market capitalization fell by over $20 billion over 24 hours to $2.810 trillion.
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
