#BTC #Ethereum #DOGE: #Solana #XRPcryptowolf $BTC $SOL $DOGE
Yesterday, in just an hour, the cryptocurrency market made a reversal, while most coins fell significantly in price. Bitcoin plunged into the range of 69 thousand dollars, due to which positions worth about $200 million were liquidated. The decline in the price of BTC occurred quite unexpectedly, since many experts You vyingly talked about the resumption of bullish growth and the achievement of new record highs. Note that none of them spoke about a potential price pullback before the sharp rise.
As you can see in the chart above, the movement was quite sudden, about 2.5% down. As a result, most altcoins followed Bitcoin. For example, in an hour, Binance Coin fell by 3%, and DOGE lost more than 6% in value, Ethereum lost 3%, XRP - about $4, Solana - about 3.6%, and so on. According to Coinglass, this plunge in BTC has also led to a significant liquidation of long leveraged positions, which currently amount to about $200 million.