Bitcoin (BTC) and Ethereum (ETH) experienced price declines as the broader cryptocurrency market saw significant liquidations. CoinGlass data indicates that over the last 24 hours before press time, the cryptocurrency market saw $463 million worth of liquidations. Bitcoin’s today’s fall to under $93,000 is primarily attributed to macroeconomic woes, with market participants fearing that prolonged inflation is likely. This seems a continuation of a recent trend.
Crypto Markets Hit By $205m Liquidations Amid Bitcoin Sell-off
Adrian Zmudzinski, ReadWriteWeb
Thu, 01/09/2025 - 10:09am
Topics: bitcoin btc ethereum eth coinglass min jung presto research the block that not nasdaq s&p ism u.s this treasury april ethereum the crypto fear greed index greed the when investors readwrite bitcoin crypto the price hours inflation level world losing data concerns days correction forced large macroeconomic time
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