BitRss.com latest World Crypto News

Search and discover the latest Cryptocurrency updated Stories in Categories

24-7 World Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources

Weekend market tumult triggers record number of crypto futures liquidations

This weekend's market turmoil resulted in the triggering of roughly 864,000 crypto futures liquidations, a new single-day record according to data collected by The Block.
As shown in the chart below, about 70 percent of those liquidations -- some 613,000 -- occurred on crypto exchange Binance.

In total, $8.46 billion in long liquidations occurred on April 17, as shown in the chart below. $4.35 billion and $1.59 billion took place on Binance and Huobi, respectively. Of the total value of liquidations, $4.6 billion were bitcoin futures liquidations .

The price of bitcoin touched a low of $51,300 on Coinbase amid the Saturday market tumult before recovering above the $55,000 level. At press time, the price of bitcoin is trading at roughly $55,200. 
Seven of the top-10 cryptocurrencies by market capitalization have posted declines in excess of 10 percent in the past 24 hours, according to CoinGecko .  © 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitRss.com shares this Contents always with License.

Thank you for Share!

   
Tumblr
LinkedIn
Reddit
VK

WhatsApp
Telegram

Cool to know huh? Read the full Article

Cool huh? Please read the full Article: Weekend market tumult triggers record number of crypto futures liquidations


Search about Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, only from Leading exponents of BlockChain, Bitcoin and different Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Crypto Currencies World: everything you are looking for, in one place!

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

Today Most Popular News