Cryptocurrencies experience sell-off: Bitcoin down 11.42% YTD at $77,147.38, Ethereum down 23% at $2,275.90, XRP down 3.17% at $1.59, Dogecoin flat at $0.1044. Bitcoin's market share at 59.3%, Ethereum's below 11%. $500 billion liquidated in 24 hours, $373 million longs wiped out.
Cryptocurrencies have faced a significant sell-off, with Bitcoin down 11.42% YTD at $77,147.38 and Ethereum down 23% at $2,275.90. XRP fell by 3.17% to $1.59, while Dogecoin remained flat at $0.1044. The market saw $500 billion liquidated in 24 hours, with $373 million in long positions wiped out. Bitcoin's market share is at 59.3%, and Ethereum's has dropped below 11%. The overall market sentiment is extremely fearful, with Bitcoin's open interest decreasing by over 10%.
Unusual Whales·