Hello, crypto community! This is GariMan.
Yesterday, December 21, 2024, the crypto market experienced a significant pullback. Bitcoin fell below $97,000, demonstrating a decline of 3.44% over the day.
Ethereum also faced a drop, reaching a level of $3,270, which was accompanied by a sharp increase in trading activity.
Altcoins were not left behind: XRP dropped to $2.10, despite active purchases by large investors, while Dogecoin lost 12% of its value after a large transaction of 200 million DOGE.
The total liquidation volume in the market reached $1.79 billion, of which $1.62 billion was attributed to long positions.
Such corrections in a bull market are a normal occurrence and can provide opportunities for new entries. However, it's important to remember the volatility of the crypto market and carefully assess risks before making investment decisions.
Stay tuned for updates and keep up with the latest events with GariMan!
