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JUST IN: Tom Lee says crypto has "bottomed."
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亗Alex亗
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Alternative currencies are preparing for a surge very soon.
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$BTC is in a phase of renewed accumulation – $BTC reserves on the Binance exchange have begun to decline rapidly. The Coinbase Premium Index has returned to positive territory – American investors have shifted to actively buying $BTC
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$BTC Plummets Again Below $90,000 – Here’s What We Know and Liquidation Data The price of $BTC experienced a sudden drop below $90,000 amid renewed volatility in the market. $BTC , which lost nearly 2% of its value in the last hour, fell to $88,964. This move led to sharp liquidations, particularly in highly leveraged positions. Bitcoin's market capitalization stood at $1.78 trillion, with 24-hour trading volume reaching $60.6 billion. This sudden price surge triggered a cascade of leveraged liquidations. A total of $96.9 million in positions were liquidated in the last hour, $93.8 million of which were long positions. The total of liquidations in the last 24 hours reached $435.6 million, with Bitcoin alone accounting for $170.9 million in liquidations. The rest of the market is experiencing similar volatility, led by Bitcoin. Ethereum fell to $3,072, shedding over 2% in the last hour. While the 24-hour outlook for major altcoins like Solana, XRP, BNB, and Dogecoin remains positive, short-term volatility has increased significantly. A look at the distribution of liquidations shows Bitcoin and Ethereum leading the way. Over the 24-hour period, $170.9 million was liquidated in BTC, $101.8 million in ETH, and $22 million in Solana. Even smaller-cap assets like FARTCOIN, ZEC, and PUMP experienced millions of dollars in liquidations, indicating that selling pressure has spread throughout the market. Despite this volatile trend, a slight selling trend was also noted in traditional markets. The Nasdaq index ended the day with a small 0.02% decline. *This is not investment advice
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$ETH 💰 [ 1D Chart ]
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