Ethereum

Bitcoin

Volatile movements have been observed in the cryptocurrency industry recently. At this point, Bitcoin, which rose above $65,000 at the beginning of the week, fell to $60,000 during the week. 
BTC, which rose above $ 63,000 again today, has started to decline again in recent hours. 
In the last hour, Bitcoin fell again to $ 60,000, while altcoins were also negatively affected. 
While Ethereum (ETH) fell below $ 3,000 to $ 2,930, many altcoins experienced similar declines. 
<img fetchpriority="high" decoding="async" class="alignnone size-full wp-image-142395" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/05/Ekran-goruntusu-2024-05-10-181253.png" alt="" width="1793" height="767"> 
While there is currently no negative news in the market that could trigger the decline in Bitcoin and altcoins, the reason for the decline is not fully known. 
However, analysts predict that this decline may be a leverage clearing. 
According to Coinglass's data, 62 million dollars in long positions were liquidated in the last hour. While a total of 149 million dollars were liquidated in the last 24 hours, the majority of them consisted of long positions. 
<img decoding="async" class="alignnone size-full wp-image-142394" src="https://www.bitcoinsistemi.com/wp-content/uploads/2024/05/Ekran-goruntusu-2024-05-10-181056.png" alt="" width="717" height="552"> 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/bitcoin-and-altcoins-have-been-experiencing-a-sharp-decline-in-recent-hours-here-are-the-details/">Bitcoin and Altcoins have been experiencing a sharp decline in recent hours: Here are the Details…</a>

Bitcoin and Altcoins have been experiencing a sharp decline in recent hours: Here are the Details…

Bitcoin Sistemi EN

发布于 2024年5月10日的其他文章

Will Akash Network (AKT) Surpass its April High with 26% Surge?

Here’s What’s Happening With Binance Exchange After Changpeng Zhao Left?

Jack Dorsey Predicts Bitcoin to Reach At Least $1 Million by 2030

Top Crypto Gainers Today May 10 – Golem, SushiSwap, GMX, OriginTrail

Paul Grewal Criticizes SEC’s Inconsistency

Crypto for the Masses: Scopuly’s Vision of Financial Inclusivity on the Stellar Network

订阅我们免费的电子期刊，获取每日最新加密领域动态！