Today (19) at 3 am, after the US Federal Reserve's interest rate decision was announced, Bitcoin entered a downward trend, with BTC plummeting from a high of $104,800 to a low of $100,303, a short-term drop of up to 4.3%. As of the editorial deadline, it is currently trading at $100,900, with a 24-hour drop of 4.84%.
Ethereum Drops to $3,650
Similarly, Ethereum also began to decline from its high of $3,907 after the interest rate decision was announced, briefly dropping to $3,650, a short-term drop of 6.6%. As of the editorial deadline, it is currently trading at $3,681.05, with a 24-hour drop of 6.14%.
$702 Million in Liquidations in the Past 24 Hours
On the other hand, according to data from Coinglass, the total amount of cryptocurrency liquidations across the network in the past 24 hours reached $702 million, with long positions accounting for $608 million and short positions accounting for $93.57 million, affecting over 25,300 people.
