According to spot market data from exchanges, Bitcoin experienced a wave of selling pressure around 10:00 PM last night (18th), with the price starting to decline from around $119,000, dropping to a low of $116,811 at 4:30 AM this morning (19th).
However, at the time of writing, Bitcoin has slightly rebounded above $118,000, currently reported at $118,019, with a nearly 24-hour decline of 1.63%.
Altcoins are mixed in performance.
Additionally, among the top ten cryptocurrencies led by Ethereum, although Ethereum, BNB, and others have seen declines, the drop is not significant, with ETH temporarily stabilizing at $3,500; Dogecoin (DOGE) has actually increased by 5.1% in the past 24 hours, currently reported at $0.2418; TRON has also seen a slight rise, currently reported at $0.325.
The total liquidation across the network is $800 million.
According to Coinglass data, a total of 184,000 people were liquidated in the market fluctuations over the past 24 hours, with a total liquidation amount of $814 million. Among them, the liquidation amount for long positions was $542 million; the liquidation amount for short positions was $272 million.
