2 minutes market on December 20
📌 Price movements in 24h:
- BTC sharply adjusted from $102k down to $95k and is currently recovering slightly to $97k
- The market has sharply corrected, altcoins have decreased on average by 15% - 20%
- BTC.D is retracting at 59%
- Over $1.02 billion in long and short positions were liquidated last night
- Over $100 million in stablecoin netflow was withdrawn from exchanges in the past 24 hours
📌 Biggest increases/decreases:
- $PENGU (-10.2%)
- $LDO (-8.8%)
- $FTM (-8.7%)
📌 Notable cash flow on Binance:
The market is correcting, so there are no notable cash flows
📌 Significant news:
- Co-founder and CEO of Aptos announced resignation
- MicroStrategy may temporarily halt Bitcoin purchases in January 2025
- Fed Chair: "We are not allowed to own Bitcoin"