🌞🌞Market crash! Bitcoin falls below $60,000, 110,000 positions are liquidated!
Market Overview: Today, the global cryptocurrency market suffered a major impact, and the prices of mainstream virtual currencies plunged.
Bitcoin Dynamics: The price of Bitcoin (BTC) directly fell below the $60,000 mark, with a daily decline of more than 3.8%, and the lowest point was close to $58,000.
Ethereum Performance: Ethereum (ETH) was not spared, and the price slipped below $3,300, with a daily decline of more than 4%.
Investor Impact: This market volatility caused nearly 110,000 investors to suffer "liquidation" within 24 hours, and market sentiment tended to be cautious.
New Market Dynamics
Changes in the Cryptocurrency Landscape: The mainstream currencies such as Bitcoin and Ethereum have a solid position, but emerging cryptocurrencies such as 5thScape and DarkLume have also attracted a large number of investors seeking quick returns, and capital flows have shown a diversified trend.
New Coins Launched: Five new coins will be launched in July, and their unique gameplay and market potential have attracted great attention from the market.
Market concerns
Mt. Gox debt repayment: Tokyo Bitcoin exchange Mt. Gox is about to issue about $9 billion worth of Bitcoin and Bitcoin Cash to creditors. The news has caused market concerns that it may trigger a large-scale sell-off, further suppressing Bitcoin prices.
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