Crypto Markets Crumble as $1.18 Billion Vanishes in 24 Hours
The cryptocurrency market is in a red state today, and the main prices of the main coins have fallen. The current price of Bitcoin (BTC) is 96,636.4 US dollars, down 4.52 %, and the price of Ethereum (ETH) is $ 2,826.76, a decrease of 10.28 %. The transaction price of Solana (SOL) was $ 198.03, down 8.48 %. At the same time, Altcoins such as XRP and Dogecoin (DOGE) faces a steeper loss. XRP is $ 2.32 (-20.62 %). In the past 24 hours, the loss of Doge is $ 2.32 (-20.62 %). 0.2526 (-19.05 %).
The overall market value has dropped to $ 3.21 trillion, a decrease of 6.50 %. The fear and greed index is 47, which shows the fear in the market, and the CMC100 index has dropped by 8.07 %, and now it is $ 195.19. Bitcoin continued to dominate the market with a 59.89 % dominance, followed by 10.64 % of Ethereum.
The downturn of cryptocurrency prices consistent with the increase in geopolitical tensions, especially the United States’ new tariffs imposed on several countries. These trade tensions and continuous economic uncertainty are leaving investors to transfer their investment portfolios from high -risk assets such as cryptocurrencies. On the weekend, Trump announced new tariffs imported to Mexico, Canada and China, which has increased its fragile global trade environment.
The clearing heat map shows obvious losses
Starting from the latest 4 -hour liquidation hot map, the total definition calculation of multiple exchanges has reached an amazing number. Ethereum (ETH) led more than $ 111 billion in liquidation, followed by Bitcoin (BTC), with $ 62 million. Other cryptocurrencies, such as XRP, Dogecoin (DOGE) and Solana (SOL), also have a considerable amount of liquidation. In the past 24 hours, the total liquidation rate has reached 1.19 billion US dollars.
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