Bitcoin rebounded to US$64,000 yesterday and then consolidated for a period of time. However, it continued to fall after 9 pm, and once fell to US$63,230 after 3 am today (19th).
At the time of writing, it has fallen again from the rebound and is now trading at $63,540, down 1.38% in the past 24 hours.
Ethereum also hit a low of $3,367 in the morning. Although the trend is close to that of Bitcoin, it may be optimistic that the spot ETF is expected to pass next week, and the decline is relatively small. It was trading at US$3,399 at the time of writing, down 0.36% 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 TON, which rose 1.5% in the past 24 hours. It is speculated that this is because the TON Foundation announced last night that it will extend the liquidity of TON/USDt Reward related.
Among other tokens, the most severe decline was XRP, which fell 11.72% in the past 24 hours. DOGE and ADA also fell 4 to 5% respectively.
The entire network liquidated over US$144 million in the past 24 hours
According to Coinglass data , in the past 24 hours, the amount of cryptocurrency liquidation across the entire network exceeded US$144 million, and more than 50,000 people were liquidated (long positions accounted for US$107 million).
Bitcoin spot ETF net inflow record will be broken
According to Sosovalue data , Bitcoin spot ETFs have shown net inflows of funds for nine consecutive days; however, on July 18 (there are still three ETF data that have not been recorded) due to a large outflow of about 22 million US dollars in GBTC, it currently seems that there is a high probability that there will be a net outflow. Due to the situation, it is impossible to complete the record of net inflows for ten consecutive days...
