What started for a positive day for the encryption markets quickly reflected during the US session with Bitcoin
Less than 103,000 dollars slide from $ 106500 just hours ago.
At the time of the press, Bitcoin has reduced some losses, as it returned to 103200 dollars, a decrease of 1.2 % over the past 24 hours.
Other large cryptocurrency currencies endured a sharp decrease. Etheer Ethereum
It saw a sharp decrease of 4.5 % in only 90 minutes to 2,372 dollars, with the trading volume increased to approximately 800,000 ETH, or nearly eight times the volume of the hour, per Coindesk data. Solana’s Sol, Dogecoin and Cardano Ada were 3 % lower to 5 % during the same period.
The explosion of volatility caught many merchants outside the guard, which led to the liquidation of about $ 450 million in derivative trading positions on the central stock exchanges in all digital assets, Coinglass data He appears. About $ 387 million of filters have been linked to long situations that are betting on profit from high prices.
While the risk of macro – among them the ongoing conflict between Israel and Iran – there was no immediate external cause of sudden swing. The S&P 500 and NASDAQ 100 decreased only during the day.
Bitcoin in stalemate
Zoom, BTC continues trading on side limits between 100,000 and 110,000 dollars, and uniformly less than the record level at all.
“The mixed view is whether BTC will exceed $ 110,000 again or decrease in a 90,000 dollar area, do not surprise me at all and emphasize the total number of people and markets,” said James Toulido, the chief operational officer at Unity Wallet.
He added: “The current BTC’s dead end reflects a market that has been caught between the long -term emotions and the total economic certainty in the short term.”
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