The global cryptocurrency market value has plummeted, falling by more than 7%, and now has a total value of almost 2.55 trillion US dollars. Among them, Ethereum fell the worst, with its value falling by more than 9%. Other well-known cryptocurrencies such as BNB, XRP, and Litecoin have not been spared. Not to mention those funny meme coins, Dogecoin and Shiba Inu, they have fallen even more severely, both exceeding 14%.
Today’s options expiration adds to the volatility of the cryptocurrency market. More than 3 billion US dollars of Bitcoin and Ethereum options expired that day, and the price of Bitcoin once fell to 66,770 US dollars. Fortunately, it finally maintained the "maximum pain threshold". It seems that everyone knows that a correction is the best plus. warehouse opportunity.
Fund inflows in the U.S. spot Bitcoin ETF field have dropped significantly, falling 80.6% yesterday to only $133 million. Investors began to withdraw from Grayscale's GBTC, which may be affected by factors such as market peaks, gold and stock market declines.
The cryptocurrency market is flooded with liquidity, with market value losses exceeding $821 million and more than 247,800 traders closing their positions. Bitcoin and Ethereum had particularly large liquidations, exceeding $279 million and $137 million respectively. The market is changing, so you must always pay attention!
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