Summary
TLDR: Top cryptocurrencies like Bitcoin and Ethereum are down, with over $200 million in long positions liquidated. Bitcoin is at $68,008, Ethereum at $3,413. Solana and Toncoin have also dropped. Traders betting on price increases have lost big, with $359 million liquidated in the past day.
Key Points
1. The price of Bitcoin has dropped over 3% in 24 hours, now standing at just under $68,008 per coin, a significant decrease from its March all-time high.
2. Ethereum’s price has taken a bigger hit of 5% in the last 24 hours, trading at $3,413 per coin.
3. Traders betting on the price of major cryptocurrencies going up have had over $200 million in long positions liquidated in the past hour, with close to $359 million liquidated over the past day.