Ah s**t, here we go again 📉 ⚠️

The bitcoin rate fell to $68,466 in the moment. Against this background, the volume of liquidations on futures contracts amounted to about $290 million.

At the time of writing, bitcoin has partially recovered its position. The asset is trading around $69,250, according to TradingView. As you can see on the chart, the price began to fall in the evening of April 9, just after the start of the trading session in the United States.

Bitcoin's dominance rate at the time of this article is 54.23%. On the morning of April 10, 2024, a rising trend was visible on the chart, but then it reversed:

On the background of this drawdown, the volume of liquidations on futures contracts increased significantly. The indicator reached almost $290 million with a significant prevalence of long positions.

103,668 traders have gone under liquidation. Among the platforms in the leaders, already traditionally, Binance and OKX. They account for about 80% of all losses.

Almost all of the top 10 crypto assets by capitalization indicator were marked by drawdown. Among those, Dogecoin (DOGE), bitcoin (BTC), Ethereum (ETH) and Solana (SOL) stand out:

The Fear and Greed Index has dropped two points in the last 24 hours. Despite this it still indicates a sentiment towards hoarding.

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#BitcoinAwareness #BitcoinHalvingDrama #PriceShift $BTC $SOL $DOGE