Why Is Crypto Market Down Today? BTC Crash To $55K Imminent?

Quick Summary:

Coinglass data indicate nearly $500 million worth of crypto were liquidated, with Ethereum (ETH), Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Solana (SOL) leading liquidation (in The post Why Is Crypto Market Down Today?

The crypto market continues to bleed and cause investors to lose billions as the market cap plunges from $2.44 trillion to $2.33 trillion in the last 24 hours.

On Monday, the net outflow from spot Bitcoin ETF was $146 million.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaJapan

Topics: 24/7 Cryptocurrency News Shiba Inu(SHIB) Crypto Market Bitcoin (BTC) Price Altcoin News Ethereum Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-18 @ 09:47:31 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 424 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 10 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 21300369

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About CoinGape

Main Topics: Crypto

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News Last Updated: 9 hours ago

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