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Crypto Prune > Market > US$700 million traders have been settled due to the collapse of Bitcoin
Market

US$700 million traders have been settled due to the collapse of Bitcoin

4 months ago 2 Min Read

Prices Bitcoin (BTC) It is located Brands under $110,000. Digital currencies have fallen 3% in the last 24 hours and nearly 7% last week.

The graphics below provided by Coingcko allow you to observe the sudden movements that Bitcoin prices had.

This fall, when many traders and market operators were brought along. It caused a wave of liquidation Future exchange.

Take advantage of what traders have lost so far $686 million in liquidation for bullish positions $65 million for a bearish position.

Next, the graphs provided by the Coinglass platform allow us to observe these flow motions. Please note that operations are considered in all cryptocurrencies, not just Bitcoin. Almost the entire digital asset market has been dyed red, as shown this morning.

These last market movements have been among other reasons: Increase in international tensions. This afternoon, Bloomberg reported, “A European diplomat warned the Kremlin this week that NATO is ready to respond to new violations of the airspace with all its strength, and according to officials familiar with the exchange, they are ready to knock out the Russian plane.”

When there are rumors of war and war, Investors are usually cautious and escape from assets that are considered “risk.” Bitcoin and cryptocurrency.

See also  Financial genius or the next Bitcoin Black Swan? Micro Strategy Case
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