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ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash

Coinedition LogoCoinedition22h ago

ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash - Coinedition

Quick Summary:

Following a two-month bull run, the altcoin market experienced its biggest liquidity crash in three years.

This sharp drop, worsened by liquidity issues on major exchanges like Binance, raises concerns about the market’s uptrend.

The altcoin market crashed 30% in the last 24 hours, with some coins losing half their value.

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ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash - Coinedition (Picture 1)

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Article Details

Author / Journalist: Lipika Deka

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 13:30:00 (22 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 145 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24354701

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 18 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash" has 145 words across 49 sentences, which will take approximately 1 - 2 minutes for the average person to read.

Which news outlet covered this story?

The story "ETH/BTC Hits Key Trendline as Altcoins Face Flash Crash" was covered 22 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 10 news stories per day.

It's most recent story was published 18 hours ago.

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  • News ID: #24354701
  • URL: https://beamstart.com/news/ethbtc-hits-key-trendline-as-17339250959929

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