Bitcoin once broke through the 66,000 level yesterday morning, reaching a maximum of $66,117, and then fluctuated and fell. After midnight today, the price dropped to a minimum of $638,849.
At the time of writing, it has just rebounded from US$64,000 and is now trading at US$64,449, down 2.21% in the past 24 hours.
Ethereum also hit a low of $3,375 after midnight. It rebounded to $3,419 before the deadline, down 2.54% in the past 24 hours.
Top 10 Token Performance
Under the downward trend of Bitcoin, other top ten tokens were also dragged down simultaneously. The only one that bucked the trend and rose was XRP, which rose by more than 7% in the past 24 hours; most other tokens fell between 1 and 2%.
The entire network liquidated over 120 million US dollars in the past 24 hours
According to data from Coinglass, in the past 24 hours, the total amount of cryptocurrency liquidation across the entire network was nearly US$120 million, and more than 46,000 people were liquidated (long positions accounted for more than US$850 billion).
Ethereum Spot ETF Countdown to Listing
Currently, various issuers have successively announced the fees for Ethereum spot ETFs, just like the previous situation before the Bitcoin spot ETF was launched. According to Bloomberg analyst James Seyffart, fees for nine other ETFs except ProShares have been released.
The market expects that the SEC will pass the S-1 document next week, and there is growing confidence in the official listing. We are looking forward to whether it can bring more capital to the encryption market.
