Bitcoin experienced a significant correction last night, dropping to a low of $95,745 earlier at midnight. In the past 24 hours, nearly $500 million has been liquidated across the entire network, with over 190,000 people liquidated.
Bitcoin, after reaching a historic high of $99,588 during the recently concluded weekend, has started to experience fluctuations and declines. Yesterday evening, it began a significant correction from around $98,500, dropping to a low of $95,745 at midnight.
However, before the time of writing, there has been a rebound, currently reported at $97,559, down 1.04% in the last 24 hours.
However, in the Ethereum section, the strong momentum of the past few days seems to have cooled slightly, dropping to a low of $3,281 last night. As of the time of writing, it is reported at $3,330, down 2.84% in the last 24 hours.
In the past 24 hours, nearly $500 million has been liquidated across the entire network, with over 190,000 people liquidated.
In the context of Bitcoin's downward trend, according to Coinglass data, in the past 24 hours, the total liquidation amount for cryptocurrencies reached $495 million, with long positions liquidated at $364 million being the majority, and short positions liquidated at $131 million, affecting over 193,000 people.
