The cryptocurrency market recently experienced a significant liquidation event, with a total of $253 million in liquidations over the past four hours. Here's a breakdown of the liquidations ¹:
- *Total Liquidations:* $253 million
- *Long Positions:* $49.78 million
- *Short Positions:* $203 million
- *Bitcoin (BTC) Liquidations:* $35.65 million, with Bitcoin currently trading at $103,145.03
- *Ethereum (ETH) Liquidations:* $117 million, approximately 3.28 times that of Bitcoin, with Ethereum currently trading at $2,341.80
Some of the top cryptocurrencies by market capitalization are:
- *Top 5 Cryptocurrencies:*
- #bitcoin Bitcoin (BTC)*: $2.0487 trillion market cap, $103,145.03 current price
- $ETH (ETH)*: $275.85 billion market cap, $2,341.80 current price
- *Tether (USDT)*: $148.93 billion market cap, $1.0002 current price
- $XRP (XRP)*: $139.91 billion market cap, $2.3896 current price
- $BNB (BNB)*: $95.360 billion market cap, $640.30 current price
The market fluctuations have resulted in varying impacts on different cryptocurrencies, with Ethereum and Bitcoin being among the most affected. Keep an eye on market trends for further developments.
