After Powell’s hawk statements, the risk appetite of the investors disappeared.
Before tomorrow’s US jobs data, US stock markets were trading with a loss of close to 1%, while Bitcoin fell to the level of $ 21,000.
In case the decline deepens, $20400 will be followed as technical support and $20,000 as psychological support.
The fall in Bitcoin hurt 42 thousand traders trading in the futures markets. While the positions of 42 thousand traders were liquidated in the last 24 hours, the total liquidations exceeded 130 million dollars.
In the last hour, when Bitcoin fell to $21,000, the liquidation was $46 million. While the biggest liquidation was in OKX exchange with 14 million dollars, the highest liquidation was seen in BTC with 26 million dollars.
The liquidations in the last 1 hour after Bitcoin are as follows:
11 million dollars ETH
620 thousand dollars LEFT
500 thousand dollars LTC
430 thousand dollars LINK
It is not yet known whether the drop has anything to do with the sending of SilkRoad-linked BTCs to Coinbase by the US government.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price tracking right now by downloading our apps!