Why Crypto Is Down Today? $588M Crypto Liquidations Trigger

Dec 19, 2024 · Why Crypto Is Down Today? $588M Liquidations Hit XRP, Bitcoin, and Ethereum. Story Highlights. A significant sell-off in the crypto market wiped out hundreds of millions of …

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Why Crypto Is Down Today? $588M Crypto Liquidations Trigger

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Dec 19, 2024 · Why Crypto Is Down Today? $588M Liquidations Hit XRP, Bitcoin, and Ethereum. Story Highlights. A significant sell-off in the crypto market wiped out hundreds of millions of …

coinpedia.org

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Crypto Bloodbath: Why The Market Is Plunging Today, Triggering …

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Dec 19, 2024 · A Massive Crypto Sell-Off: $588 Million in Liquidations. In the past 24 hours, the cryptocurrency market has been hit by a wave of liquidations, resulting in a staggering $588 …

thecurrencyanalytics.com

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Crypto Liquidations Hit $588 Million As XRP, Bitcoin, Ethereum And ...

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Dec 4, 2024 · XRP’s dramatic price movements weren’t limited to just a few traders, as large liquidations in the range of $2.4 million to $2.6 million were also seen on platforms like OKX.

yahoo.com

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Crypto Liquidations Hit $588 Million As XRP, Bitcoin, Ethereum …

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XRP’s dramatic price movements weren’t limited to just a few traders, as large liquidations in the range of $2.4 million to $2.6 million were also seen on platforms like OKX. Bitcoin’s drop below the $96,000 mark caused around $81 million in liquidations, and Ethereum experienced $49 million in losses as well.

coinmarketcap.com

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Crypto Bloodbath: Why The Market Is Plunging Today, Triggering …

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Dec 19, 2024 · The cryptocurrency market is facing a major setback today, with a significant sell-off wiping out $588 million in positions across various digital assets. This latest bloodbath has …

ixfi.com

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Fed Rate Cut Triggers $850 Million Crypto Liquidations

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Dec 19, 2024 · This shift in monetary policy led to a sharp decline in Bitcoin, which fell below $99,000—a drop of more than 8% from its all-time high of $108,000. Similarly, the broader …

beincrypto.com

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Why Are Cryptocurrencies Down Today? - FXStreet

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Dec 19, 2024 · The recent decline sparked liquidations worth $675 million in the past 24 hours, with Bitcoin and Ethereum witnessing long liquidations of over $100 million each.

fxstreet.com

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Why Crypto Market Is Down Today: U.S. Jobs Data And Forced …

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5 days ago · The analysis showed that Bitcoin saw the largest liquidation, with over $143 million recorded. Ethereum saw the second-largest liquidation, with over $97 million recorded. Why …

ambcrypto.com

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XRP, Bitcoin And Dogecoin Volatility Drive Crypto Liquidations To …

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Dec 3, 2024 · XRP's jump to a seven-year high price of $2.82 early Tuesday, and the subsequent correction to nearly $2.40, has propelled the Ripple-linked asset to the top of the crypto …

decrypt.co

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Why Crypto Market Is Down Today? Here Are Top 5 Reasons

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Jul 4, 2024 · Rising Liquidation. The market has also been hit hard by rising liquidations. Just yesterday, BTC liquidations reached $14 million, but today, this figure surged to $36 million. These large-scale liquidations have triggered widespread sell-offs, further driving down BTC’s price. Miners’ Struggles

coinpedia.org

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Why Is Crypto Down Today? 3 Key Reasons Why

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5 days ago · Top 10 Coins Are Down 2.6% On Average Today. The top 10 coins per market cap are nearly all down today. Only one coin appreciated and less than 0.5%. Binance Coin (BNB) …

cryptonews.com

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Why Is Crypto Down Today? Bearish Fears Grow As BTC Dips To …

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Dec 20, 2024 · The crypto market is down today due to $1.36billion in liquidations following the Fed’s inflation forecast and limited rate cut projections for 2025, sparking investor concerns. …

cryptomaniaks.com

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Crypto Market Suffers The Biggest Drop This Month; Why Is The

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The crypto market correction led to major liquidations, as data from CoinGlass showed that $388 million worth of long and short positions were nuked over the last 24 hours. The data also …

msn.com

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Why Crypto Is Down Today - Analyzing Key Factors Behind The …

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$360M in long liquidations fueled the downtrend Data from Coinglass shows that in just 24 hours, the total liquidations across the crypto market reached $489 million. These liquidations …

ambcrypto.com

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Why Is The Cryptocurrency Market Down & When Will It Recover

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Dec 11, 2024 · Bitcoin (BTC) has dipped to the mid-$96,000 range, pulling down other cryptocurrencies in its wake. According to CoinGlass data, a staggering $1.76 billion in …

thecurrencyanalytics.com

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Understanding The Crypto Crash: Why Is Crypto Market Down …

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6 days ago · Crypto Crash: Causes and Consequences for Investors. Bitcoin price increased around 4% on Monday and reached a high of $102,200 with over $46 billion in trade volume. …

rivalry.com

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Why Is The Crypto Market Down Today? Liquidations Near

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Dec 9, 2024 · Over the last 24 hours, crypto market liquidations have reportedly surpassed $590 million, coupled with an increased number of crypto market positions. The surge in liquidations …

cryptopolitan.com

FAQs about Why Crypto Is Down Today? $588M Crypto Liquidations Trigger Coupon?

How many cryptocurrencies have been liquidated over the past 24 hours?

All three of those assets saw more long positions liquidated than shorts, due to price dips over the last day. Overall, some $587 million worth of crypto positions were liquidated over the past day. The largest single liquidation over the past 24 hours was a $15 million short position on Bitcoin via OKX. ...

What happened to the crypto market in the past 24 hours?

The crypto market has experienced a downturn in the past 24 hours, with approximately $590.6 million in liquidations following South Korean President Yoon Suk-yeol’s now-reversed declaration of martial law. According to a CoinGlass report, $87 million in Bitcoin (BTC) and $75.90 million in Ripple (XRP) positions were liquidated during this period. ...

Which cryptocurrencies have been liquidated the most?

Bitcoin isn't far behind on the list with $81 million in liquidations, followed by Ethereum at $49 million and Dogecoin at nearly $22.5 million. All three of those assets saw more long positions liquidated than shorts, due to price dips over the last day. Overall, some $587 million worth of crypto positions were liquidated over the past day. ...

Why did cryptocurrencies go down?

Forced selling from long liquidations and profit-taking fuelled the downtrend. The cryptocurrency market experienced a spike in volatility over the weekend after all the top ten largest cryptos by market capitalization traded lower. ...

Why did crypto price decline?

Besides a surge in volatility, which is often seen during the weekends due to low trading volumes, several other factors also caused the price decline. Data from Coinglass shows that in just 24 hours, the total liquidations across the crypto market reached $489 million. These liquidations affected more than 186,000 traders. ...

What happened to the crypto market on January 7?

The crypto market experienced a major sell-off on January 7 amid rough economic data. The price of Bitcoin dropped drastically after topping $100K the day prior. The dip also affected major cryptocurrencies and caused over $150 million in liquidations. ...