In the past 1 hour, the global cryptocurrency market cap has experienced a significant decline, falling by over 6% to $1.63 trillion. This meltdown dragged major exchanges such as Bitcoin, Ethereum, Solana, XRP, and Cardano, all of which have dropped by over 6% in just an hour. Bitcoin’s prices have also plummeted by 7% to below $41,000, wiping out earlier gains.
The crypto market has witnessed over $600 million in liquidations today alone. In just an hour, long positions worth over $561 million were liquidated. Crypto traders seem aware, as 176,000 traders have been closed down. The biggest liquidation order on Huobi’s BTCUSDT pair was worth $14.26 million.
Today Matricport made a bold prediction, which has shocked the whole crypto industry as it affected Bitcoin and other exchanges too. The company has anticipated that the SEC will reject all Bitcoin ETFs in January, which could potentially trigger a sharp decline in Bitcoin’s value from $42,000 to $36,000.
Bitcoin started the year with a bang, breaking past $45,000 as everyone buzzed about a potential spot ETF. Lately, though, things got rough with some bad news dragging the market down, but the ETF craze among investors is the same.
Story Highlights The price of Holo (HOT) today is $0.0009571 HOT price may reach a…
The cryptocurrency market experienced a whirlwind of developments this week. From Bitcoin price volatility and…
Crypto investor Anthony Pompliano recently criticized President Trump's recent threat to fire Fed Chair Jerome…
XRP is currently trading near $2 after bouncing back from $1.61, with many traders viewing…
A popular crypto analyst from the Good Morning Crypto podcast has made a strong prediction…
The XRP price has been displaying magnificent strength as the levels have been held above…
