Attention, crypto community! A shocking news shakes the market today: over 800 million dollars have been liquidated in a single day due to a sudden drop in the price of Bitcoin. This situation has triggered a series of events that have affected numerous investors and platforms.
💥 The total crypto market lost approximately 160 billion dollars in a single day. This unexpected drop triggered a cascade of liquidations, particularly affecting those with leveraged positions. Most of the losses came from long positions, indicating that many investors were betting on a continued rise in the market.
📉 Impact on major cryptocurrencies
Not only Bitcoin suffered the consequences. Ethereum fell below 2,630 dollars, while Dogecoin was more affected, losing almost 10% to drop below 20 cents. The total crypto market lost approximately 160 billion dollars in a single day. 99Bitcoins
🧠 Lessons for the community
Risk management: It is crucial to set limits and not over-leverage.
Diversification: Don't put all your assets in a single cryptocurrency.
Continuous education: Stay informed and learn from every market movement.
This event reminds us of the inherent volatility in the cryptocurrency market. It is essential to be prepared and make informed decisions.
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