The crypto market continues to experience a turbulent week after the bitcoin price fell below $43,000 on Thursday, worsening the overall market situation for more than two months.
More than $530 million worth of open futures positions were liquidated in the last 24 hours as the bitcoin price fell to $41,695. 135,301 traders liquidated their portfolios on the Bybit exchange at a single unit.
Losses resulting from bitcoin trading alone already amount to over $332, representing 87% of open positions.
Some smaller coins flowed smoothly and showed strength.
Ethereum has also taken a tumble, dropping 14.36% since Wednesday’s opening, and is currently trading at around $3,175.
According to CoinMarketCap, the coins with the biggest drop in the last 24 hours are down 18.92%, while other coins are down about 13%.
The Spot Market is Closed
Sunday, January 9, 2022
| Crypto Updated at | USD Price | Change | %Change |
| 08.00 BTC | 41,921.95 | -225.48 | -0.54 |
| 08.00 ETH | 3,131.33 | -106.15 | -3.28 |
| 08.00 LTC | 131.06 | -2.87 | -2.15 |
| 08.00 BNB | 433.25 | -24.77 | -5.41 |
| 08.00 XRP | 0.75 | -0.02 | -2.39 |
| 08.00 ADA | 1.19 | -0.06 | -4.41 |
| 08.00 DOT | 24.35 | -1.01 | -3.99 |
| 08.00 DOGE | 0.15 | 0.00 | -2.99 |
| 08.00 UNI | 15.21 | -0.91 | -5.65 |
| 08.00 LINK | 25.94 | -0.20 | -0.77 |