Over the past seven days, the cryptocurrency market has seen significant liquidation, with a total of nearly $2 billion lost in forced liquidations. This event was caused by a sharp drop in the price of Bitcoin, which fell below $85,000 and then dropped to around $81,600. This volatility caused panic among traders, especially those who had long-term positions. This situation indicates that traders are facing heavy losses due to sudden changes in the market, and the current sentiment suggests that they may face further challenges in the near future.$BTC

BTC1.33%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)