The price of Bitcoin continued to fluctuate downward yesterday, and plunged rapidly after 5 a.m. today (28th). Earlier at 06:15, it once hit US$58,000, the lowest in the past ten days.
Zhuanguo seems to be still preparing for a second dip, temporarily trading at $59,090, down 6.32% in the past 24 hours.
ARKB experienced the largest net outflow in the fund’s history
At present, the capital flows of the 12 U.S. Bitcoin spot ETFs on the 27th have not yet been fully released, but it is worth noting that ARK & 21Shares’ ARKB outflow exceeded US$100 million, setting the largest outflow record in the history of the fund.
In comparison, GBTC, which was often the largest source of outflows in the past, only had an outflow of US$18 million on the 27th. It is not yet known why ARKB has experienced large capital changes, but BTC has plunged sharply without any particularly bad news, and there may be some unknown operations behind it.
Awaiting Huida's financial report, Dow Jones hits another record high
Investors are currently waiting for the release of NVIDIA's financial report. Investors are cautious, but the four major U.S. stock indexes still rose on Tuesday (27):
- The S&P 500 rose 0.15% to close at 5625.80 points
- The Nasdaq rose 0.16% to close at 17754.82 points
- The Dow Jones Industrial Average rose 0.02% to close at 41,250.50 points, setting another record high.
- The Philadelphia Semiconductor Index rose 1.10% to close at 5,153.63 points
Ethereum briefly fell below $2,400
The trend of Ethereum is similar to that of Bitcoin. It fell to a minimum of US$2,391 after 6 a.m. and was temporarily trading at US$2,441 at the time of writing, down 9.09% in the past 24 hours.
The entire network liquidated US$316 million in the past 24 hours
Amid the sharp fluctuations in Bitcoin, according to Coinglass data , in the past 24 hours, the entire cryptocurrency network liquidated more than 316 million U.S. dollars (longs accounted for 280 million U.S. dollars), and more than 86,000 people were liquidated.
Top 10 Token Performance
CoinMarkeCap data shows that most of the other top ten tokens have also fallen in the past 24 hours: the largest decline was SOL, which fell 7.63% in the past 24 hours, XRP and DOGE also fell by 4.49% and 6.87% respectively.
The only one that bucked the trend and rose was TON, which was recently affected by the arrest of the founder of Telegram, rising 2.04% in the past 24 hours.
