Bitcoin fell by 61,500 to hit a 2-week low, and Ethereum hit 3,150! The entire network liquidated more than 700 million U.S. dollars

Bitcoin (BTC) fell again after hitting $65,000 at 01:00 this morning, falling to $61,550 at around 7 am, setting a new low in the past two weeks.

Before the deadline, Bitcoin had reversed and was now trading at $62,969, down 6.08% in the past 24 hours. Whether the low point has been reached still requires more time to observe.

The current capital flow statistics of major spot ETFs have not been updated. According to the latest monitoring data, Grayscale GBTC once again outflowed US$444 million on March 19. Although it has slowed down from the previous day's US$620 million, the selling pressure is still high.

Ethereum once touched US$3,150 and then pulled back

The decline of Ethereum (ETH) was even more severe. It hit the lowest of US$3,150 this morning (20). It rebounded before the deadline and is now quoted. 3,237 US dollars, down 8.68% in the past 24 hours.

The top ten tokens have generally fallen

CoinMarkeCap ​​data shows that the top ten currencies have generally fallen in the past 24 hours, with the largest increases being SOL and AVAX, which fell 12.18% and 11.58% respectively.

In the past 24 hours, the entire network liquidated 700 million U.S. dollars

The downward trend of BTC has once again caused investors to suffer massive losses. According to data from Coinglass, in the past 24 hours, the amount of cryptocurrency liquidation across the entire network exceeded US$700 million, and more than 222,000 people were liquidated.

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