Realized losses spiked as Bitcoin saw turbulent start to the year – CryptoSlate
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The global crypto market cap is $1.65 trillion with a 24-hour volume of $77.15 billion. The price of Bitcoin is $43,624.85 and BTC market dominance is 51.8%. The price of Ethereum is $2,236.47 and ETH market dominance is 16.3%. The best performing cryptoasset sector is Debit Card, which gained 22%.
Bitcoin’s new year tumble triggers $216.55 million in realized losses, revealing panic selling among short-term investors.
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Three days into the new year and Bitcoin has already been through a rather turbulent period. Bitcoin saw its largest one-day price drop since the beginning of December, marking a 4.7% decrease. Bitcoin’s drop from a high of $45,500 to $42,800 in a single day triggered around $700 million in liquidations, with $170 million of […]
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