Today news
About the same in other media
Overleveraged Traders Flushed Out, 'Bullish Market Structure Intact'
Reading now: 734
The crypto market saw heavy selling across the board today in a deleveraging event that followed the signing of a new infrastructure bill that targets crypto users in the US, and signals from Twitter that the company is not looking to buy bitcoin (BTC) at the moment.
At 13:00 UTC, bitcoin was down by 8% over the past 24 hours and down 10% for the past 7 days, currently trading at USD 60,652. At the same time, ethereum (ETH) was down just over 10% for the past 24 hours and 11% for the past 7 days, trading at USD 4,267.
90-day BTC price chart:
__
90-day ETH price chart:
Along with the market sell-off came liquidations of leveraged crypto derivatives trading positions. According to data from Coinglass, USD 296m were liquidated across the entire
Read more on cryptonews.comAbout this in other media
Selling Hits Crypto Market Again as New COVID Variant Spooks Traders cryptonews.com /2 years ago
Crypto Thanksgiving: NFT drops and Black Friday deals go mainstream? cointelegraph.com /2 years ago
Check These Hand-Picked Black Friday Crypto Deals in 2021 cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
