Stock Groups

Bitcoin, Ethereum, Solana tumble 15%; $400 billion wiped out of crypto market cap -Breaking

[ad_1]

© Reuters. Bitcoin Selloff: 11%

Investing.com – The Investing.com Index closed at $47.465 on Saturday (08.30 GMT). This was a 16% decrease from the previous day. This was the biggest percentage drop in one day since September 7.

Also, you can also use,, or plunge to get double the percentages. These meme tokens can also be called crashed.

Bitcoin fell by $7,400 in just minutes. This flash crash isn’t unusual, but it is still quite a shock.

Heavy losses were also experienced by Alt coins.

Ethereum (-13.3%), Binance Coin -12.5% and Solana were all hit with double-digit percentage drops. Cardano (-17.5%), Binance Coin (-12.5%) and Solana (-16.3%) all suffered severe losses due to the steep declines in the top five cryptocurrencies.

According to data from Coinglass(Old Bybt) Positions worth approximately $1.6 billion were liquidated within the last four hours. Around 40 percent of these positions were in BTC.

The last four hours saw 77.7 per cent of the bitcoin closings being completed were in long positions. Total positions worth approximately $2.5 Billion were liquidated within the last 24 hours.

It crypto market has lost a good $ 550 billion in market capitalizationAround 7:20 GMT it dropped to $1.88 Trillion, but then recovered to $2.2 Trillion at the time of writing.

BTC dropped to $42,587. This was its lowest point since September 30th. It cleared any stop loss that had been just below $46,253 (all-important 200-day moving mean) before it recovered.

Bitcoin’s market value fell to $896.13B (or 40.92%) due to this move. Bitcoin’s total market capital was $1,275.5B at its peak.

Bitcoin trades in an interval of $42,587.8 – $53,847.2 over the past twenty four hours.

Bitcoin lost 13.32% over the last seven days. Bitcoin’s volume traded during the last 24 hours was $58.8B, or 26.87%. In the last 7 days, it has been traded between $42,587.8 and $59,174.4492.

Bitcoin’s current price is down 31.2%, compared to its November 10th record of $68,990.63

And other cryptocurrency trading

The Investing.com Index was at 3952.97 as of the last day, down 13.3%

The Investing.com Index last saw the price of $0.0000358, which was down by 14.1%.

A loss of 12.5%, the stock traded at $543.33 in the Investing.com Index.

Last week, Ethereum’s market was valued at $467.4B (or 20.3%) of the total cryptocurrency markets cap. Binance Coin’s market total was $90.4B which is 4.00% of its total value.

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]