Bitcoin fell as the U.S. stock market opened yesterday evening, and the price of the currency plunged rapidly, falling from a high of $65,524, and officially fell below the $61,000 mark at 9 o'clock this morning.
At the time of writing, it is currently trading at $61,142, down 5.59% in the past 24 hours, and is currently testing the support point on July 15.
Ethereum falls below $3,000
Ethereum's partial trend is close to that of Bitcoin. It fell to a minimum of US$2,913 earlier and is now trading at US$2,951 at the time of writing, down 7.19% in the past 24 hours. Unlike Bitcoin, the support point that Ethereum is currently backtesting is the July 8 low.
Top 10 Token Performance
The other top ten tokens basically showed a decline. The smallest decline was TRX, which fell 3.43% in the past 24 hours; the largest decline was SOL, which fell 8.06% in the past 24 hours.
The entire network liquidated US$327 million in the past 24 hours
According to Coinglass data , in the past 24 hours, the liquidation amount of cryptocurrency across the entire network reached US$327 million, of which long positions were liquidated at US$286 million, short positions were liquidated at only US$41.71 million, and a total of 97,000 people were liquidated.
The four major U.S. stock indexes all plunged, Intel plummeted 26.6%
On the other hand, as the non-farm unemployment rate climbed to 4.3% in July, a new high in the past three years, causing investors to worry about an economic recession, technology stocks suffered heavy losses, with Intel plunging 26.6% and Amazon falling 8.78%. Among technology giants In the case of most declines, the four major U.S. stock indexes all plunged:
- The Nasdaq index fell 417.98 points, or 2.43%, to close at 16,776.16 points
- The S&P 500 index fell 100.12 points, or 1.84%, to close at 5,346.56 points
- The Dow Jones Industrial Average fell ˊ610.71 points, or 1.51%, to close at 39,737.26 points
- The Philadelphia Semiconductor Index fell 251.83 points, or 5.18%, to close at 4607.76 points
Extended reading: Intel plummets 20%! 15,000 layoffs, dividend suspension for the first time in 32 years, the darkest day for U.S. semiconductors
