#BTCNextMove
Bitcoin's fall below $96,000 led to $1.2 billion in liquidations
Volatility in the crypto market led to an increase in liquidations to about $1.2 billion in 24 hours. Over the past 24 hours, 36,336 traders liquidated their positions. Over $1 billion in losses fell on long positions, about $151 million on shorts. By assets, altcoins, Bitcoin and Ethereum dominate - in pairs with these cryptocurrencies, positions worth about $269 million, $246 million and $223 million were liquidated, respectively. Most crypto assets from the top 10 by capitalization showed a decline, with the price of Dogecoin (DOGE) falling the most - by 11.5%. The fear and greed index reached a value of 74 basis points, which indicates the "greed" of traders. Recall that on the night of December 19, 2024, the volume of liquidations reached $800 million against the background of Bitcoin's fall to $99,000.
20.12.2024
