Bitcoin experiences a dramatic plunge with a drop of 2000 points, triggering a massive liquidation of approximately one billion dollars in long positions. Ethereum also suffers a collapse, with a retreat of 100 points and margin calls approaching 1.5 billion dollars. This impressive market movement has caught many traders off guard who had just increased their positions. Current data shows BTC at $70,450 (+1.25% over 24h) with a trading volume of $821.31M, while ETH stands at $2,070 (-0.55% over 24h) with a volume of $274.94M. The trajectory of Ethereum's plunge is particularly brutal. In the face of this extreme volatility, it is advised to take a step back, pause to reassess your strategy before continuing.
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Bitcoin experiences a dramatic plunge with a drop of 2000 points, triggering a massive liquidation of approximately one billion dollars in long positions. Ethereum also suffers a collapse, with a retreat of 100 points and margin calls approaching 1.5 billion dollars. This impressive market movement has caught many traders off guard who had just increased their positions. Current data shows BTC at $70,450 (+1.25% over 24h) with a trading volume of $821.31M, while ETH stands at $2,070 (-0.55% over 24h) with a volume of $274.94M. The trajectory of Ethereum's plunge is particularly brutal. In the face of this extreme volatility, it is advised to take a step back, pause to reassess your strategy before continuing.