kill! Bitcoin fell below 62,000, Ethereum reached $2,480, and bulls liquidated their positions in large numbers

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The crypto market plunged in the evening, with Bitcoin falling below $62,000 and Ethereum at $2,480.
(Previous summary: Vitalik joins forces with Whale to sell ETH again! Ethereum gas fees soar, holding on to US$2,600 )
(Background supplement: If the Ethereum spot ETF is approved, it will lead to "ETH supply exceeding demand"! The co-founder gave three reasons )

Market news, Bitcoin fell below the $62,000 mark after 11 o'clock tonight! The intraday decline expanded to 2.81%. Ethereum fell deeper, hitting a low of $2,480.

According to Glassnode data, the liquidation amount of contracts across the entire network in the past 24 hours exceeded US$320 million, of which long liquidated more than US$270 million. The current market changes are fierce, investors are advised to pay attention to risks.

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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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