Bitcoin tried its hand at taking down the $52,000 level yesterday but failed in its tracks and has been pushed down by a grand.Bitcoin had a highly favorable few weeks until the start of this one, in which it soared by more than ten grand and charted a new multi-year high at $53,000. The past seven days or so were a lot less eventful as the asset has remained in a tighter range.
In fact, aside from that push to $53,000 a few days back, the cryptocurrency has been predominantly trading between $51,000 and $52,000.came yesterday, but the bears were quick to intercept the move and pushed it south by a grand. This volatility has led to an overall number of $125 million in liquidations in the past day.This is all you need not to miss any price action in the raging crypto markets.
Ripple, Cardano, Dogecoin, Binance Coin, Polkadot, and Toncoin have also seen similar declines in terms of percentages. Solana is close to breaking below $100 after a 4% daily drop. Chainlink, Uniswap, and IC have decreased by around 5% each to $18, $7.1, and $12, respectively.The total crypto market cap has seen more than $30 billion gone overnight and is down to $2.040 trillion on CG.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
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Source: CoinDesk - 🏆 291. / 63 Read more »