- đž $70.55 million in settlements
Over the past 24 hours, the cryptocurrency market suffered losses of millions, with 44.21 million in long positions and 26.34 million in short positions. Cryptocurrencies such as Ethereum and Bitcoin were the most affected, reflecting the extreme volatility of the market.
- đ How does this affect the economy and cryptocurrencies?
When mass liquidations occur, the value of cryptocurrencies falls rapidly, affecting both investors and economies that rely on them. If these situations continue to occur, financial markets could become even more destabilized, generating more uncertainty.
- đ§ Expert tips for navigating this environment:
- Diversify your investments to reduce risks.
- Stay calm and avoid panicking.
- Consult trusted sources such as Binance Academy to make informed decisions.
