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Crypto Market Faces Massive Liquidations: $148M Wiped Out in 4 Hours

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By on July 25, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Crypto Market Faces Massive Liquidations: $148M Wiped Out in 4 Hours appeared first on Coinpedia Fintech News

With a major wipe-down in the crypto market, liquidations totalled $148 million within the last four hours. Ethereum (ETH) led the liquidation wave, with $58.97 million liquidated, followed by Bitcoin (BTC) with $49.90 million. The sudden market downturn also saw ETH and BTC drop by 7.86% and 2.53%, respectively. This event highlights the volatility of the crypto market, urging investors to exercise caution amidst market fluctuations.

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