After Bitcoin (BTC) fell to a low of $42,280 at zero point on Saturday (20th), it immediately rebounded in a V-shaped manner and continued to fluctuate around the $41,500 level throughout the weekend with a very small range.
It was currently trading at US$41,534 at the time of writing, down 0.12% in the past 24 hours.
Bitcoin options open interest falls
According to data from Coinglass, open interest in Bitcoin futures across the network dropped to 343,000 BTC (approximately $14.2 billion), which has continued to decline since the spot ETF was approved on January 11.
Ethereum fails to reach $2,500
For Ethereum (ETH), the trend is basically close to that of Bitcoin but the fluctuations are more severe. It has continued to fluctuate below the 2,480 level for two consecutive days. It was currently trading at US$2,455 at the time of writing, down 0.16% in the past 24 hours.
The rise and fall of the top ten currencies
CoinMarkeCap data shows that in addition to DOGE, the other top ten currencies are because an official account named "XPayments" was established on the X platform, causing the community to discuss whether In addition to large price fluctuations.
Other tokens have fluctuated within a narrow range of approximately 1% in the past 24 hours.
Total liquidation volume across the network in the past 24 hours
With Bitcoin almost motionless, according to Coinglass data , in the past 24 hours, the amount of cryptocurrency liquidation across the entire network was relatively low, accumulating approximately US$42.68 million.
Most of the liquidated currencies were Altcoin, with BTC ranking third with only $3.9 million.
