Home web3.0 58,300 Bitcoin pins were sold, and the entire network was liquidated to US$360 million! But altcoins seem to be unable to fall?

58,300 Bitcoin pins were sold, and the entire network was liquidated to US$360 million! But altcoins seem to be unable to fall?

Jun 30, 2024 pm 01:24 PM
Bitcoin Altcoins

58,300 Bitcoin pins were sold, and the entire network was liquidated to US$360 million! But altcoins seem to be unable to fall?

1. Bitcoin continues to fall, falling to $58,378 this morning, the lowest in the past two months.
  1. As of writing, it rebounded to US$60,372, and the 24-hour decline narrowed to 4.16%.

Ethereum did not fall below the previous low

  1. Ethereum fluctuated similarly to Bitcoin, but did not fall below yesterday’s low of $3,212.
  2. As of writing, it rebounded to US$3,347, down 2.13% in 24 hours.

Altcoins can’t fall anymore?

  1. SOL and TON bucked the trend and rose by 2.75% and 0.62%.
  2. BNB, XRP, and DOGE fell, but the decline was smaller than that of Bitcoin.
  3. The early signs of altcoin rebound remain to be seen.

In the past 24 hours, the entire network liquidated 360 million U.S. dollars.

  1. Amid the violent fluctuations in Bitcoin, the entire network liquidated more than 363 million U.S. dollars, and 90,000 people were liquidated.

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