cryptocurrency The market has been through a pretty rough patch, with a strong liquidation of $730 million taking place in just one day. According to the data, a similar liquidation was last seen in 2022.
According to the data, a significant portion of the cryptocurrency liquidations in question took place on the Bitcoin and Ethereum front, as expected. While BTC made up the majority with $169 million in liquidations, ETH followed with $113 million.
Koinfinans.com As we reported Bitcoin It continues to struggle with strong resistance near $43,300. The upside support level is $37,580. On the other hand, Ethereum is following the support level around $1929. The resistance level is around $2250.
Crypto While the money market continues to have days full of many different events, the high-risk derivative market has once again come to the fore. Investors who did not take sufficient strategic precautions and took too much risk suffered heavy losses.