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$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC


$700 Million in Liquidations as BTC, ETH, XRP Plunge Ahead of FOMC

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Bitcoin’s Monday rally to $65,600 reversed as BTC erased gains and fell to a ten-day low, dragging most altcoins down. The sell-off triggered roughly $700 million in daily crypto liquidations, underscoring heightened market risk and short-term bearish pressure.

Bearish

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Bitcoin’s Monday rally that drove it to $65,600 on a couple of occasions has come to a screeching halt, as the asset has not only erased all gains but plummeted even more to a ten-day low.

Most altcoins have followed suit, which has skyrocketed the daily liquidations to approximately $700 million.

Read the article at CryptoPotato

In This News

Coins

$ 63.37K

-2.61%

$ 1.88K

-3.91%

$ 1.06

-4.46%

$ 0.00168

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In This News

Coins

$ 63.37K

-2.61%

$ 1.88K

-3.91%

$ 1.06

-4.46%

$ 0.00168

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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