kill! Bitcoin pin 64,500, Ethereum fell below US$3,400, 200,000 people liquidated their positions to exceed US$480 million

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After Bitcoin once hit $67,301 at 2 o'clock today (18th), selling pressure emerged again. Earlier at 9 a.m., the price hit $64,555, the lowest level in three weeks. At the time of writing, it was trading at US$65,081, and the decline in the past 24 hours expanded to 2%.

BTC price trend|Source: OKX

Ethereum falls below $3,400

For Ethereum, volatility was higher again, hitting $3,350 earlier. It was trading at $3,404 at the time of writing, down 5.53% in the past 24 hours.

ETH price trend|Source: OKX

Top 10 tokens generally fell

CoinMarkeCap ​​data shows that the other top ten tokens have also fallen in the past 24 hours: the biggest decliners were DOGE and ADA, which fell 13.25% and 10.95% respectively in the past 24 hours.

The entire network liquidated US$480 million in the past 24 hours

Amid the violent fluctuations in Bitcoin's market, according to data from Coinglass, in the past 24 hours, the entire cryptocurrency network's liquidation amount exceeded US$487 million (longs accounted for US$430 million), and nearly 200,000 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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