Bitcoin

Ethereum

<ul><li>Over $157M liquidated in crypto markets in an hour as Bitcoin dips to $66K and Ethereum to $3,319, signaling high volatility.</li><li>Bitcoin market cap hits $1.31T despite a sharp 5.7% drop, while Ethereum manages a slight gain amidst a 7.2% 24-hour decline.</li><li>Crypto sees heavy trading with $393.29M liquidated in 24 hours, while a single ETH-USD swap on OKX records a $7.48M liquidation event.</li></ul>The cryptocurrency market has experienced a wave of volatility resulting in substantial liquidations. Recent data indicates a tumultuous period for digital assets, with major currencies like <a href="https://cryptotale.org/tether-becomes-major-bitcoin-holder-acquiring-over-8800-btc/" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) and Ethereum (ETH) undergoing sharp declines. This has prompted a significant amount of liquidations across the board, reflecting the precarious nature of this innovative yet unpredictable market.Within just an hour, the cryptocurrency market saw an astonishing $157 million in liquidations, disproportionately affecting traders with long positions who bore the brunt of this rapid market movement. Bitcoin&#39;s unexpected drop to as low as $66,000 and <a href="https://cryptotale.org/?s&#61;Ethereum&#43;" rel="noopener noreferrer nofollow">Ethereum&#39;s</a> dip to $3,319 showcases the inherent risks involved in the digital currency trading spaces. The data, derived from <a href="https://www.coinglass.com/LiquidationData" rel="noopener noreferrer nofollow">Coinglass’</a> liquidation heatmap, paints a picture of the current landscape where volatility is not just a buzzword but a tangible phenomenon impacting investors.Visit the links below for more information about Cryptotale :<a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">https://www.instagram.com/cryptotalenews/</a><a href="https://www.facebook.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://www.facebook.com/cryptotalemedia</a><a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">https://twitter.com/cryptotalemedia</a><a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">https://t.me/cryptotale_news</a><a href="https://www.linkedin.com/company/cryptotalemedia/" rel="noopener noreferrer nofollow">https://www.linkedin.com/company/cryptotalemedia/</a><a href="https://cryptotale.org/bitcoin-and-ethereum-dip-amidst-393m-liquidation-a-bear-market-ahead/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Bitcoin and Ethereum Dip Amidst $393M Liquidation: A Bear Market Ahead?

CryptoTale

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