U.S. stocks continued to fall after opening last night, and the cryptocurrency market was also affected. Bitcoin fell all the way from a high of $65,524 last night, and had fallen below the $61,000 mark earlier. At the time of writing, it is currently trading at $61,142, down 5.59% in the past 24 hours. In the past 24 hours, the total cryptocurrency liquidation amount was approximately $327 million, and more than 97,000 people were liquidated.

As the U.S. stock market opened lower last night, the price of Bitcoin plunged rapidly, falling from a high of $65,524 all the way to officially falling below the $61,000 mark at 9 a.m. this morning.

At the time of writing, it is trading at $61,142, down 5.59% in the past 24 hours, and is currently testing the support point of July 15.

Ethereum falls below $3,000

Ethereum's trend is similar to that of Bitcoin. It fell to a low of $2,913 earlier and is now at $2,951 before press time, down 7.19% in the past 24 hours. Unlike Bitcoin, the support point that Ethereum is currently retesting is the low point of July 8.

Top 10 Token Performance

The other top ten tokens basically showed a downward trend. The smallest drop was TRX, which fell 3.43% in the past 24 hours; the largest drop was SOL, which fell 8.06% in the past 24 hours.

The entire network has a liquidation of 327 million US dollars in the past 24 hours

According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidation reached US$327 million, of which US$286 million was for long positions and only US$41.71 million was for short positions. A total of 97,000 people were liquidated.