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Bitcoin plummeted and the frenzied crypto market volatility resulted in a liquidation loss of $310 million
The CoinDesk Market Index (CMI), which tracks the performance of the broader encryption market, plummeted by 5.6% within an hour
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Bitcoin once again fell to the $27000 range and cleared $200 million
The largest cryptocurrency by market value rose to $30000 earlier in the day, causing short sellers to close their positions by over $70 million in the past 24 hours.Nearly $200 million in liquidationAccording to Coinglas' data, the cryptocurrency market has cleared $195 million in the past four hours, with over 77000 traders cleared
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Up 10%! Bitcoin hit 30000 and Ethereum broke through 1960; 140 million magnesium sold out across the entire network
After approaching $27000 yesterday, Bitcoin rebounded strongly today, reaching the $30000 mark, and Ethereum also broke through $1960 at its highest. The strong rise has also led to as many as 38000 positions being sold out in the past 24 hours, with a total online exposure of $140 million