🔔Bitcoin plummets! More than 80,000 people were liquidated🔥🔥🔥
A wave of sell-offs suddenly appeared in the cryptocurrency market.
In the early morning of August 28, the cryptocurrency market plummeted. Market data showed that Bitcoin once fell below the $58,000 mark this morning, with a daily drop of more than 7%; Ethereum once fell below the $2,400 mark, with a minimum of $2,388, and a daily drop of more than 9%.
CoinGlass data shows that in the past 24 hours, a total of 85,563 people in the entire virtual currency market were liquidated, with a total liquidation amount of $314 million.
In the early trading of U.S. stocks overnight (late August 27, Beijing time), the virtual currency market also had a small sharp drop. Perhaps affected by this, U.S. cryptocurrency concept stocks fell collectively. Wind market data showed that Marathon Digital closed down more than 4.36%, Canaan Technology fell more than 3.77%, MicroStrategy closed down 4.69%, Coinbase closed down 2.79%, Riot Platforms closed down 5.5%, and CleanSpark closed down 5.67%. After the U.S. stock market closed, the above stocks fell further, with Marathon Digital and MicroStrategy both falling more than 3%.
Exchange operator Nasdaq said on Tuesday that it is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch and trade Bitcoin index options. The exchange said that the proposed Nasdaq Bitcoin Index Option will track the CME CF Bitcoin Real-time Index, which was developed by CF Benchmarks to track Bitcoin futures and options contracts provided by exchanges operated by the CME Group.
Cryptocurrency market has experienced a huge shock recently
In fact, since the speech of Federal Reserve Chairman Powell last Friday, the cryptocurrency market has been on a roller coaster ride.
On August 23, local time, Federal Reserve Chairman Powell announced at the "Global Central Bank Annual Meeting" that "the time for policy adjustment has come", which was interpreted by the market as the clearest signal of interest rate cuts to date. He also believes that the US economy is growing at a "steady pace" and that confidence in inflation falling to 2% has increased, easing concerns about a recession. He did not mention "gradual" interest rate cuts, leaving room for more substantial policy adjustments.
After this statement, the cryptocurrency market began to rise rapidly. Bitcoin rose from around $60,000 and hit the $65,000 mark on the same day. After a brief adjustment, it once broke through the $65,000 mark on August 26. Other cryptocurrencies also showed a similar trend.
#英伟达财报 #新币挖矿DOGS #美联储何时降息? $BTC $ETH