The post Bitcoin and Altcoins Experience Major Decline – What’s the Reason Behind the Drop? Here Are the Liquidations and Latest Data appeared on BitcoinEthereumNews.com. The cryptocurrency market has experienced a sharp decline in the last 24 hours. Analysts believe this pullback stems from investors closing positions following the Fed’s interest rate decision, using a “sell the news” approach. Bitcoin (BTC) fell 4.28% to $108,936, while Ethereum (ETH) fell 8.28% to $3,839. The selling pressure spreading across the market was also felt across altcoins, with Solana (SOL) down 9.46%, BNB down 6.11%, and XRP down 6.90%. ETH fiyatında yaşanan düşüş gösteren grafik. Market-wide liquidations exceeded $1.1 billion in the last 24 hours. Long positions accounted for $1.03 billion, while short positions accounted for $72.3 million. The largest liquidations were seen in ETH ($420.85 million), while Bitcoin saw $268.61 million and Solana saw $73.65 million in liquidations. Chart showing liquidations in the cryptocurrency market in the last 24 hours. The total cryptocurrency market capitalization fell below $3.73 trillion, while the Fear and Greed Index, which measures investor sentiment, fell to 44 and moved into “fear” territory. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-and-altcoins-experience-major-decline-whats-the-reason-behind-the-drop-here-are-the-liquidations-and-latest-data/The post Bitcoin and Altcoins Experience Major Decline – What’s the Reason Behind the Drop? Here Are the Liquidations and Latest Data appeared on BitcoinEthereumNews.com. The cryptocurrency market has experienced a sharp decline in the last 24 hours. Analysts believe this pullback stems from investors closing positions following the Fed’s interest rate decision, using a “sell the news” approach. Bitcoin (BTC) fell 4.28% to $108,936, while Ethereum (ETH) fell 8.28% to $3,839. The selling pressure spreading across the market was also felt across altcoins, with Solana (SOL) down 9.46%, BNB down 6.11%, and XRP down 6.90%. ETH fiyatında yaşanan düşüş gösteren grafik. Market-wide liquidations exceeded $1.1 billion in the last 24 hours. Long positions accounted for $1.03 billion, while short positions accounted for $72.3 million. The largest liquidations were seen in ETH ($420.85 million), while Bitcoin saw $268.61 million and Solana saw $73.65 million in liquidations. Chart showing liquidations in the cryptocurrency market in the last 24 hours. The total cryptocurrency market capitalization fell below $3.73 trillion, while the Fear and Greed Index, which measures investor sentiment, fell to 44 and moved into “fear” territory. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/bitcoin-and-altcoins-experience-major-decline-whats-the-reason-behind-the-drop-here-are-the-liquidations-and-latest-data/

Bitcoin and Altcoins Experience Major Decline – What’s the Reason Behind the Drop? Here Are the Liquidations and Latest Data

The cryptocurrency market has experienced a sharp decline in the last 24 hours. Analysts believe this pullback stems from investors closing positions following the Fed’s interest rate decision, using a “sell the news” approach.

Bitcoin (BTC) fell 4.28% to $108,936, while Ethereum (ETH) fell 8.28% to $3,839. The selling pressure spreading across the market was also felt across altcoins, with Solana (SOL) down 9.46%, BNB down 6.11%, and XRP down 6.90%.

ETH fiyatında yaşanan düşüş gösteren grafik.

Market-wide liquidations exceeded $1.1 billion in the last 24 hours. Long positions accounted for $1.03 billion, while short positions accounted for $72.3 million. The largest liquidations were seen in ETH ($420.85 million), while Bitcoin saw $268.61 million and Solana saw $73.65 million in liquidations.

Chart showing liquidations in the cryptocurrency market in the last 24 hours.

The total cryptocurrency market capitalization fell below $3.73 trillion, while the Fear and Greed Index, which measures investor sentiment, fell to 44 and moved into “fear” territory.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/bitcoin-and-altcoins-experience-major-decline-whats-the-reason-behind-the-drop-here-are-the-liquidations-and-latest-data/

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