Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 LiquidatedThe cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6
Crypto Market Rocked by Massive Plunge! Bitcoin Breaks Below $60,000, Over 86,000 Liquidated
The cryptocurrency market has experienced another massive shakeup, with Bitcoin continuing its sharp decline. Today, Bitcoin has broken through both the $60,000 and $59,000 levels, currently trading at $58,980, down 6.36%. At the end of last month, Bitcoin was still above $70,000, representing a 15% drop over the past month.
The sharp drop in Bitcoin has been accompanied by an even steeper decline in Ethereum, the second-largest cryptocurrency, currently trading at $2,434, down 9.26%. Ethereum is also undergoing a correction. Data shows that over the past 24 hours, more than 86,000 crypto investors have been liquidated, with a total of $316 million (approximately 2.2 billion yuan) lost. The largest liquidation occurred on Ethereum, valued at $12.67 million (approximately 90 million yuan).
The number of liquidated investors exceeding 86,000 highlights the significant volatility in the cryptocurrency market.
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