Crypto Market collision update: Bitcoin and Ethereum declined to its lowest level for 3 months, as the references are at the top of $ 1.5 billion
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Over the past 24 hours, Bitcoin and Crypto Market have been heading to somewhat fragile reasons, with the latest collision that imposes a $ 1.52 billion liquidation during the previous 24 hours. The maximum market decreased by approximately 10 %, as it decreased from its highest level 3.2 trillion dollars to about 2.8 trillion dollars today.
The encryption market suffered in the worst accident in the year, on Thursday, February 25.
The accident erases approximately $ 400 billion from The maximum market in industryForced him on less than 3 trillion dollars for the first time since mid -November 2024.
Among the affected currencies Bitcoin, whose price has seen stumbling More than 8 % of yesterday’s increase of $ 96,000 to the lowest level of the day at 86,600 dollars.
Ethereum suffered a worse fate with the exacerbation of the price collapse of its problems. It should be noted that Ethereum had a harsh start this year. She has So far to recover from the market drops Federal Reserve comments caused hawks and Trump tariffs.
Last week, ETH investors were scary when Exchange bybit Coin Coin Fixed 0xinfini stated that it was penetrated, and soon more than $ 1.5 billion.
However, the price collapse by 13 % today exposes the most difficult blow to digital assets, as it decreased less than the last decisive support of 2600 dollars to the lowest level during the day 2300 dollars. Altcoin was last traded at this level more than three months ago, which means that he lost all the gains made by Trump as president.
The references reach 1.51 billion dollars, and Bitcoin leads the road
according to Data from CoinglassThe market shrinkage today led to the forced liquidation of more than 386,700 merchants worth more than $ 1.48 billion.
Most of these deals were long, as Bitcoin represents more than 43 % by about $ 641 million, while ETHEREUM and Solana references exceeded $ 300 and $ 110 million, respectively.
The largest single liquidation request of $ 20.8 million was also BTC/USD trade on Binance.
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