Can’t Fall Below》Bitcoin dropped to 69,000, then turned V and shot up to 72,000, Ethereum returned to 3,900 US dollars, another sleepless night

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Bitcoin (BTC) started to fall continuously after hitting a maximum of $73.787 last night (14th), reaching a low of $68,600 around 3 o'clock this morning.

But soon, BTC turned V again and pulled back above US$72,000. It was currently trading at US$71,884 at the time of writing, down 1.48% in the past 24 hours. Whether it can continue to reach new highs in the future requires more time to observe.

BTC Spot|Source: OKX

Ethereum once fell below $3,750 before pulling back

Ethereum (ETH) fell even more sharply, falling from the $4,000 level to as low as $3,772 last night. It also rebounded before the deadline and was now trading at $3,907, down 1.98% in the past 24 hours.

ETH spot|Source: OKX

Top 10 tokens mixed

CoinMarkeCap ​​data shows that the top ten currencies have experienced mixed gains and losses in the past 24 hours. The biggest increases are Dogecoin (DOGE) and SOL, which have increased by 7.49% and 6.94% respectively.

The biggest decliners were AVAX and BNB, which fell 3.4% and 2.12% respectively.

The entire network liquidated US$450 million in the past 24 hours

BTC's downward trend and then upward trend once again caused losses to leveraged investors. According to data from Coinglass, in the past 24 hours, the amount of cryptocurrency liquidation across the entire network exceeded 450 million US dollars, and more than 138,000 people were liquidated.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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