The world record is broken, the worst bloodbath in history

It has just occurred from the worst blood bags in the history of the cryptocurrency market, as the qualifiers rose to $ 2.24 billion in the last day. with Bitcoin He decreased to 94,000 dollars and the entire market collapses with it, and this massive scan was destroyed. The size of the losses has broken all the previous records, which made this one of the most legitimate sales in the history of the encrypted currency.

With $ 609 million in liquidation, Ethereum merchants were the most negatively affected, according to the filter’s heat map. At $ 412 million, Bitcoin was closely delayed, while qualifiers were reported exceeding $ 85 million by XRP, Dogcoin and Solana. The biggest loss occurred on Binance, with ethbtc Trade of $ 25.64 million and 734,621 huge traders classified in one day.

After losing decisive support at $ 97,000, Bitcoin currently tests $ 92,000 – a level that may dictate its path in the near future. Bitcoin price may decrease to 83,000 dollars if it decreases to less than this level, indicating a more important correction. With Bitcoin at the top of the market, Altcoins works worse in a worse; Some have already decreased over 80 % of their peak.

Altcoin momentum has completely collapsed, as it decreased to 38 out of 100, according to the CMC altcoin season index, which indicates a strong stage dominated by Bitcoin. This change is a rapid decrease in traders in risk appetite and their journey from Altcoins to safer assets. Current currency market is now panic. If Bitcoin is unable to stay above $ 92,000, it is likely to continue to decrease.

Especially for Altcoins, which was already in free autumn, the losses can get worse. Excessive traders paid the price, and this massacre may not end after the oscillation has not been turned off.