$BTC Crypto markets saw a significant decline at the end of the US session, with Bitcoin down -2.99% over the last 24 hours to trade at $96,822.5. However, it recorded a slight weekly gain of +0.49%.
The cryptocurrency market cap is now $1.90 trillion, with Bitcoin still dominating with a 54.5% market share, followed by Ethereum with a 13.0% share.
Performance of the most prominent cryptocurrencies within 24 hours:
Solana (SOL): $219,187 (-6.88%)
Binance Coin (BNB): $683.79 (-7.44%)
Rebel (XRP): 2.2699$ (-11.58%)
Dogecoin (DOGE): $0.419850 (-8.5%)
Shiba Inu (SHIB): $0.00002752 (-13.64%)
Cardano (ADA): $1.0370 (-11.93%)
Bitcoin and Cryptocurrency Mining Stocks Performance:
Coinbase Global Inc (COIN): $310.52 (-9.6%)
MicroStrategy (MSTR): $365.47 (-7.5%)
Marathon Digital Holding (MARA): $23.86 (-9.8%)
PayPal (PYPL): $90 (+0.1%)
Block (SQ): $95.42 (-2.9%)
💡 The impact of liquidation of contracts:
Digital markets experienced strong volatility as a result of the liquidation of Blue Market contracts, which include:
1️⃣ Mandatory liquidation: Due to the low margin required to cover the contracts.
2️⃣ Voluntary liquidation: When traders decide to close their positions to avoid further losses.
Tips for dealing with liquidation:
Use stop loss orders to protect capital.
Monitor margin ratios to avoid forced liquidation.
Minimize the use of high leverage to reduce risk.
Analyze the market carefully to avoid sudden fluctuations.
🔔 Digital markets still offer opportunities, but with proper risk management you can minimize losses and safely exit trades!
