As Bitcoin (BTC) Continues to Fall, Four Altcoins Separated Positive From the Market! Here Are the Stars of the Day!
Bitcoin dropped below $60,000 today, while four altcoins remained in the green zone.
While an increase in Bitcoin and altcoins was expected with the arrival of October, the month of rise, the tension between Iran and Israel caused sharp declines.
While Bitcoin (BTC) has dropped below $60,000, Ethereum (ETH), Solana (SOL) and XRP are also trading in the red zone.
In the last 24 hours, ETH fell by 5% to $ 2,320, SOL fell by 7.5% to $ 135, XRP fell by 11% to $ 0.52, and Dogecoin (DOGE) fell by 2.4% to $ 0.103.
Altcoins also accompanied the decline in Bitcoin, with only four altcoins experiencing an increase in the last 24 hours.
According to the data, Aptos (APT), Flare (FLR), Stacks (STX), and Tron (TRX) were trading in the green.
On the other hand, according to Coinmarketcap data, the biggest losers in the last 24 hours are as follows: Conflux (CFX) in 3rd place with a loss of 11.2%, Ethena (ENA) in 2nd place with a loss of 13.13% and Wormhole (W) in 1st place with a loss of 13.6%.
During this decline, a large number of long positions were liquidated. According to Coinglass data, $277.9 million worth of leveraged trades were liquidated in the last 24 hours. $224.5 million of these were long positions and $53.4 million were short positions.
In the last 24 hours, 95,981 traders liquidated, with the largest single liquidation order occurring on Binance on the ETH/USDT trading pair. The value of the transaction was $12.24 million.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple’s (XRP) bullish signals point to a $5 breakout, but here’s why a token under $1 could steal the spotlight
TON price soars as Telegram allows conversion of gifts into NFTs on The Open Network
Analysis Firm Says Bitcoin Rally Has Slowed Down, Points to This Level for Bottom!
Bravo Research analysts have claimed that the Bitcoin rally could lose momentum in early 2025.
Bankrupt Cryptocurrency Whale Still Won’t Give Up: It Increased its Position Even More
According to Onchain data, a crypto whale is adding to his position despite incurring a large loss.