The crypto market faced significant liquidations of nearly $170 million post-Christmas, triggered by a slight decline in the values of major cryptocurrencies.
Data from CryptoSlate indicates that the largest cryptocurrency by market capitalization, Bitcoin, declined 1.18% to $42,639, reminiscent of its run in the previous week.
Similarly, Ethereum and other large-cap alternative cryptocurrencies like Tron, Avalanche, XRP, and others recorded slight losses during the reporting period.
Conversely, some digital assets like Binance-backed BNB, high-flying Solana, and ORDI showed strength with gains of 5%, 3%, and 13%, respectively.
Solana’s SOL and ORDI are two of the best-performing digital assets of the current year. These cryptocurrencies have generated much interest and adoption from the crypto community heavily investing in them.
$170M liquidated
Coinglass data shows that these asset price movements liquidated $168 million across all assets from more than 70,000 crypto traders duri
We współpracy z: https://cryptoslate.com/bitcoin-post-christmas-dip-under-43000-triggers-marketwide-liquidation-of-170m/
