Crypto Liquidations
Top $200 Million
as Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum,
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Fall
Crypto Liquidations Top $200 Million as Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum, Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin Fall
Both Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin and Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum are down 12% over the past 30 days, although there
are some hopeful signs, according to experts and analysts.
By Ryan Ozawa
Jul 4, 2024 Jul 4, 2024
2 min read
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Crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта liquidations spiked to their highest point in a week on
Wednesday as the price of Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin sunk below $60,000.
In the past 24 hours, more than 74,000 traders were liquidated to the tune of
$208 million, CoinGlass data shows.
The majority of those — some $184 million — struck investors holding long
positions that had bet on prices going up.
The largest liquidations afflicted Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum investors, at $55.5 million,
almost entirely in long positions, data shows.
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Ongoing issues surrounding U.S. monetary policy, geopolitical tensions, and
the upcoming U.S. presidential election in November are projected to impact
the top cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта's price throughout 2024.
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin dropped from around $62,200 to as low as $59,425 in intraday trading.
The asset has since clawed back losses above $60,200 but is still down 3% over
the past 24 hours.
Meanwhile, Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum is down by 3% over the same period, falling from a
Wednesday high of $3,425 to as low as $3,254. It's now trading at $3,300.
Solana, the world's fifth-largest crypto by market cap, took the largest
hit among the top 10 coins, down roughly 8% to $140. Solana had been riding
high on New York-based investment management firm VanEck's filing of its
“Solana Trust” exchange-traded fund late last month.
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Top cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта have fallen over the past month. Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum is down over
12% across 30 days despite simmering interest in the debut of Ethereum• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Ethereum spot
ETFs.
Some analysts predict the new financial products could begin trading by
mid-July , with at least one firm predicting the price of ETH will
subsequently take off . Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin is down 12% over the same period.
To be sure, analysts still see further price gains this year , with the
current market cooling representing a precursor to another major price surge
in the coming months, Decrypt reported Monday.
On Wednesday, analytics firm CryptoQuant released a report examining Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin
mining metrics and flagged conditions for a bottoming of prices at current
levels.
Edited by Sebastian Sinclair .
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