welcome
CoinGape

CoinGape

Business

Business & Economics

Crypto market crash caused $260 billion worth of crypto liquidation in 24 hours

CoinGape
Summary
Nutrition label

58% Informative

Bitcoin price today trades at $ 98 K, down 7% in the last few hours .

ETH price has tumbled to $ 3000 and XRP corrects 12% to $ 2.78 .

Bitcoin , ETH , XRP and Crypto Liquidated Coinglass data indicates over $800 million in crypto liquidations.

US stock futures tied to S&P 500 slipped 1.30% , Nasdaq 100 lost 2.3% , Dow Jones down 0.80% due to panic ahead of quarterly results.

US Federal Reserve expected to keep interest rate unchanged at 4.25-4.50% .

On-chain analyst Axel Adler Jr revealed the Taker order bearish pressure stands at $1.6 billion over the past 24 hours .

He added that the last time it was higher was in early January when it was at $2.8 billion .

Onyxcoin (XCN) Price Skyrockets 800% in weeks , and Shiba Inu Burn Rate Jumps 800% .

VR Score

39

Informative language

31

Neutral language

52

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links