Another sleepless night》Bitcoin fell below the 60,000 mark in the morning, Ethereum dropped by 2,900, and the bulls were wiped out by $330 million.

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After Bitcoin hit a high of $64,732 yesterday (30th) morning, it began to decline. At around 3 o'clock this morning (1st), it fell below the $60,000 mark, reaching a low of $59,177, a record high in the past two months. A new low.

At the time of writing, it has rebounded to above US$60,000, with a line price of US$60,195, down 6.78% in the past 24 hours. Whether it can rebound as quickly as before this time requires more time to observe.

BTC price trend|Source: OKX

Ethereum drops closer to $2,900

Ethereum's decline was more severe, hitting a low of $2,920 in the early morning. At the time of writing, it has also successfully returned to above US$3,000, falling 7.21% in the past 24 hours, but it may fall below again at any time.

ETH price trend|Source: OKX

CoinMarkeCap ​​data shows that all other top ten tokens also fell, with SOL and DOGE falling the most, with a drop of nearly 10%.

The entire network liquidated 380 million magnesium, and 117,000 people were liquidated

According to data from Coinglass, in the past 24 hours, the amount of cryptocurrency liquidation across the entire cryptocurrency network has exceeded 380 million US dollars, and more than 117,000 people have been liquidated. The vast majority of them were long-term liquidations.

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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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