Bitcoin suddenly plummeted in the early morning, breaking through the $84,000 barrier, hitting a low of $83,800 at its worst - a level not seen since August. A daily decline of 6%, it collapsed just like that.
$ETH, XRP, and HYPE, these mainstream coins also couldn't hold up, all dropping over 7%; Dogecoin is worse, evaporating more than 9%.
The data is even more shocking: the total amount of liquidations across the network in 24 hours approaches 1 billion USD, with 270,000 accounts directly going to zero.
As soon as the Fed's interest rate cut expectations changed, the market immediately showed its true colors. This round of washing out, how many leveraged players probably didn't sleep a wink all night.
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#美联储恢复降息进程 was truly a historic night.
Bitcoin suddenly plummeted in the early morning, breaking through the $84,000 barrier, hitting a low of $83,800 at its worst - a level not seen since August. A daily decline of 6%, it collapsed just like that.
$ETH, XRP, and HYPE, these mainstream coins also couldn't hold up, all dropping over 7%; Dogecoin is worse, evaporating more than 9%.
The data is even more shocking: the total amount of liquidations across the network in 24 hours approaches 1 billion USD, with 270,000 accounts directly going to zero.
As soon as the Fed's interest rate cut expectations changed, the market immediately showed its true colors. This round of washing out, how many leveraged players probably didn't sleep a wink all night.