Cryptocurrencies continued to fall as the two leading currencies, Bitcoin and Ethereum, dropped below $20,000 and $1,000 respectively. According to the coinmarketcap, Bitcoin price reached as high as $22,500 a few days ago, continued to fall over the past few days, and reached as low... The post Bitcoin, Ethereum, and Crypto Market plummet, Liquidating more than 68,000 traders. appeared first on Bitcoin FT.

Bitcoin, Ethereum, and Crypto Market plummet, Liquidating more than 68,000 traders.

Cryptocurrencies continued to fall as the two leading currencies, Bitcoin and Ethereum, dropped below $20,000 and $1,000 respectively.

According to the coinmarketcap, Bitcoin price reached as high as $22,500 a few days ago, continued to fall over the past few days, and reached as low as $19,535 today.

All cryptocurrencies managed to show bullish signs over the last week and failed to hold the $20,000 levels during the past few days. The current price of the asset is hovering around the $19,500 mark shedding more than 3.5% over the past 24 hours.

Bitcoin’s market capitalization during November 2021 was $1.27 trillion and it crashed to less than $377 billion as of today.

Bitcoin’s market capitalization as of November 2021 was around $1.27 trillion. As of today, it has reached $377 billion due to the market crash. The second-largest cryptocurrency Ethereum held on to its market cap of $569 billion in November 2021. It also collapsed to around $129 billion due to the crash. Ethereum’s price came down from its all-time high of $4,891 to $1068 today.

During the past 24 hours, more than 68,000 traders were liquidated, totalling $192.16 million in liquidations as per data from coinglass stats. The highest liquidations are from Ethereum totalling $5.35 m and $4.82 m from Bitcoin.

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