Bitcoin continued to rebound this morning (2), breaking through $65,500, while Ethereum successfully returned to above $3,200. More than 100,000 people lost nearly $300 million in positions.
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Bitcoin's price plunged rapidly yesterday evening as the U.S. stock market opened lower, reaching a low of $62,280 at 1 a.m., but soon began a V-turn rebound, jumping to $64,000 after the U.S. stock market closed, and earlier reached a high of $65,500.
From the daily chart, Bitcoin quickly fell below the previous low of $62,300 in mid-July at midnight and then recovered quickly. It seems that the main force has successfully collected chips again. If it can continue to stand above $64,000 and the US stock market does not collapse again, it may be possible to challenge the 70,000 mark again in a short period of time.
Ethereum breaks through $3,200
Ethereum's trend is similar to that of Bitcoin. After hitting a low of $3,078 at midnight, it rebounded to $3,149 at the time of writing, down 1.37% in the past 24 hours.
Top 10 Token Performance
Most of the other top ten tokens also fell, with XRP and DOGE seeing the largest declines, down 4.49% and 2.91% respectively in the past 24 hours. The only one that bucked the trend was ADA, which rose 0.33% in the past 24 hours.
In the past 24 hours, the entire network has been liquidated with nearly $300 million
According to Coinglass data, in the past 24 hours, the total amount of cryptocurrency liquidation was about 291 million US dollars, and more than 100,000 people were liquidated, more than twice as much as yesterday (long liquidation was nearly 231 million US dollars)
