Bitcoin plunged from $67,000 back to $70,000! The entire network was liquidated to US$600 million

This site (120btC.coM): At about 17:00 Beijing time yesterday (15th) evening, the price of Bitcoin once fell below 66,000 US dollars. However, at about 2:00 this morning , Bitcoin quickly rebounded back to the $70,000 level. Unexpectedly, selling pressure then resurfaced, causing Bitcoin to drop to $67,413.8 again around 4:00 in the morning. Nonetheless, Bitcoin staged another V-shaped reversal at approximately 8:00 a.m., returning to $70,000.

As of now, Bitcoin is quoted at $69,830, down 3.29% in the past 24 hours. Faced with the current violent fluctuations from V to V again, investors are advised to be cautious.

Ether once fell to US$3,600

The fluctuations in Ethereum (ETH) were even more severe. After reaching US$3,750 again early this morning, The lowest level in the morning was $3,606.65. It was currently trading at US$3,759.81 at the time of writing, down 3.53% in the past 24 hours.

The top ten tokens generally fell

CoinMarkeCap ​​data shows that the top ten currencies have experienced mixed gains and losses in the past 24 hours, with most of them falling. The largest ones are XRP and DOGE, which fell by more than 5% and 8% respectively. In contrast, BNB and AVAX bucked the trend and rose by 2.28% and 3.35% respectively.

In the past 24 hours, the entire network liquidated 628 million U.S. dollars.

With Bitcoin’s price of 67,000 U.S. dollars and pulling back to 70,000 U.S. dollars, according to Coinglass data, in the past 24 hours, the cryptocurrency The entire network's liquidation amount exceeded 628 million US dollars, and more than 194,000 people were liquidated. It can be said that corpses are everywhere.

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