Bitcoin plummeted and once approached the $58000 mark! Cryptocurrency: Over 85000 people across the entire network liquidated their positions in 24 hours, resulting in 2.2 billion yuan evaporating
因醉鞭名马幌
发表于 2024-8-28 22:50:19
185
0
0
On the morning of August 28th, cryptocurrencies generally fell, with the largest digital currency Bitcoin falling more than 5%, breaking below the $60000 mark and dropping as low as the $58000 mark.
As of August 28th, Bitcoin was reported at $59387, a decrease of 5.72%.
In addition, Ethereum experienced a sharp decline, with a intraday drop of over 8%; Dogecoin fell nearly 7%.
According to Coinpass data, within 24 hours, a total of 85670 people on the entire cryptocurrency network had their positions liquidated, with $314 million (approximately RMB 2.2 billion) evaporating.
Federal Reserve Chairman Powell gave the clearest signal last Friday, indicating that the Fed is planning to cut benchmark interest rates from their highest level in over 20 years, and major tokens are selling back. Institutional analysis suggests that major tokens are digesting signals from Powell last week.
Tony Sycamore, a market analyst at IG Australia Pty, said that for many assets, "the Federal Reserve is basically at work," which makes it "somewhat concerning" for Bitcoin to fall below its 200 day moving average price.
According to data compiled by Bloomberg, spot Ethereum ETFs launched in July have seen a total net outflow of nearly $112 million for eight consecutive trading days as of yesterday, making it their longest net outflow period to date.
Ethereum has not yet regained the position it lost in early August when the cryptocurrency market and global stock markets suffered heavy losses due to the lifting of yen arbitrage trading.
In addition, some analysts had previously warned that panic could affect the cryptocurrency market due to geopolitical tensions in the Middle East and low sentiment in risk assets such as technology stocks.
According to a previous report by Beijing Business Daily, several analysts mentioned in interviews with reporters that changes in market expectations are an important factor leading to fluctuations in Bitcoin prices. On the one hand, the global stock market decline and rising risk aversion have put pressure on Bitcoin, and even interest rate cuts have failed to boost market confidence, further exacerbating market uncertainty. On the other hand, the movement of market funds has also had a significant impact on the price of Bitcoin. With the price correction, a series of chain liquidations have been triggered, resulting in a rapid decline in the price.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Ideal Auto's third quarter revenue was 42.9 billion yuan
- Ideal Auto, which earned 2.8 billion yuan in the third quarter, has slowed down its growth pace
- Wenyuan Zhixing established an intelligent technology company in Beijing with a registered capital of 1 billion yuan
- Q4 revenue guidance falls short of expectations, Ideal US stock drops by over 13%, Li Xiang can still receive over 600 million yuan in equity incentives
- Financial OneConnect and Ping An have renewed multiple agreements, with an expected upper limit of 2.223 billion yuan for product and service provision by 2025
- Ordering over 100 million yuan for global cuisine, Dingdong Maicai, buyer group enters the Expo with one-stop "Buy Global"
- The Dow Jones Industrial Average surged 1500 points, and Musk's net worth skyrocketed by 150 billion yuan! The price of gold and silver has plummeted, and the Federal Reserve will take big action
- Dingdong Maicai's "Buyer Team" plans to "Buy Global" at the China International Import Expo, with purchase orders reaching over 100 million yuan
- Dingdong Maicai's third quarter revenue reached 6.54 billion yuan, achieving non GAAP profitability for eight consecutive quarters
- Dingdong Maicai achieved a new high in Q3 performance: GMV of 7.27 billion yuan, Non GAAP net profit of 160 million yuan
-
随着“银十”结束,各家造车新势力都交出了一份亮眼的成绩单。 理想领跑10月新势力交付榜,鸿蒙智行重回4万辆,零跑、深蓝、极氪、小鹏等单月交付量均创新高,岚图、阿维塔、智己等实现破万,但哪吒却消失在 ...
- fanadam
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
为期超七周的大罢工终于落下帷幕。 当地时间11月4日,波音美国西海岸工厂工人们就改进后的合同提案投票。 随后,代表着波音超过33000名西雅图地区机械师的IAM工会经表决,以59%的同意票决定接纳波音提 ...
- cristianna
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
“新四化”的时代浪潮下,新能源汽车行业百家争鸣。伴随着自主品牌不断崛起,合资品牌当下的生存状况备受外界关注,如何打好电动化时代的突围战,成为合资品牌的新课题。 作为国内合资车企的代表之一,上汽 ...
- mbgg2797
- 3 天前
- 支持
- 反对
- 回复
- 收藏
-
证券时报网讯,热门中概股美股盘前普涨,小鹏汽车、哔哩哔哩涨近5%,蔚来涨超4%,阿里巴巴、拼多多涨超2%。
- p609520
- 3 天前
- 支持
- 反对
- 回复
- 收藏