Killed again! Bitcoin fell below $54,500, Ethereum fell below $2,850, and 80,000 people were liquidated.
The Bitcoin market fluctuated again, once falling below the $54,500 mark, and Ethereum followed closely behind, falling below $2,850, and almost all the gains in the past two days were swallowed up.
On Friday (5th), Bitcoin hit a low of $53,269, but rebounded briefly during the weekend. Just yesterday (7th), its price even broke through the $58,000 mark. However, the good times did not last long. As the selling pressure increased, the market began to fluctuate downward. After five o'clock in the morning today (8th), the price of Bitcoin continued to fall sharply. As of press time, it has fallen to $55,204, a drop of 6.05% in 24 hours, and the gains in the past two days are almost gone.
The price trend of Bitcoin (BTC) continues to attract attention. At the same time, the market of Ethereum (ETH) is also following the pace of Bitcoin. At press time, the price of Ethereum has fallen below $2,878, a 7.01% drop in 24 hours.
The recommended range is around 55500-55700
54000-54500
