Soaring long liquidations suggest that cryptocurrency prices’ sudden nosedive caught investors off-guard. BTC, the largest cryptocurrency by market capitalization, has plummeted more than 6% in the past 24 hours, and earlier in the day, reached its lowest level in seven weeks at around $20,050. Popular altcoins dogecoin (DOGE) and tron (TRX) have led the price decline.
Related posts
-
Trump taps Bitcoin Magazine CEO to set ‘day 1’ crypto policy
Donald Trump, the presumptive Republican nominee for the 2024 presidential election, is working with Bitcoin Magazine... -
South Korea’s Bitcoin Premium Narrows, Yet Remains Above Global Average
Recent figures show that despite bitcoin’s downturn in price,... -
Runes is making Bitcoin fun and accessible again
Disclosure: The views and opinions expressed here belong solely to the author and do not represent...