๐ Market Overview
Bitcoin ($BTC ): Currently trading at $103,010, down from a peak of $106,540 earlier today. The price experienced a sharp decline, attributed to a short squeeze followed by profit-taking, leading to over $600 million in liquidations across major cryptocurrencies .
Ethereum ($ETH ): Priced at $2,404.04, marking a 4.2% drop. The decline is influenced by a decrease in the number of large holders, suggesting potential further volatility .
BNB:- Trading at $639.52, experiencing a modest decline of 0.9%.
XRP: Currently at $2.31, down 3.3% on the day. The launch of XRP futures on CME today is a significant development, potentially impacting its price dynamics .
Cardano (ADA): Priced at $0.7217, reflecting a 4.8% decrease.
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$BTC โฌ๏ธ