Despite the visible greed in the cryptocurrency market, digital assets are plummeting again, tinting the heat map red. Bitcoin, which today reached a new all-time high (ATH) of $124,400, has fallen below the psychological resistance of $120,000. Ethereum, XRP, and the rest of the altcoins also fell, prey to investors' fear, leading to the liquidation of $538 million in long cryptocurrency positions in less than an hour.
