The bitcoin price dropped after the U.S. inflation figures continued to rise. Today (February 11) the price fell by 2.87% and moved at $43,050.11.
Bitcoin’s negative move was again hand in hand with the U.S. stock markets which all together sank yesterday.
- The Dow Jones Industrial Average fell 526.47 points, or 1.47%, to close at 35,241.59.
- The S&P 500 index fell 83.10 points, or 1.81%, to close at 4,504.08.
- The Nasdaq index fell 304.73 points, or 2.10%, to close at 14,185.64.
The bitcoin price shook investors badly yesterday after falling to the $43,200 level a few hours ago. Previously, it had risen well above $45,000 after the US CPI increased by 7.5% this month.
Bitcoin’s volatility has been painful for many leveraged traders. Coinglass data shows that more than $200 million was cleared yesterday and more than $120 million in the last four hours.
To date, nearly 70,000 traders have been liquidated, and the largest individual liquidation, valued at $1.5 million, occurred on FTX.
The Spot Market is Open
Friday, February 11, 2022
| Crypto Updated at | USD Price | Change | %Change |
| 12.00 BTC | 43,134.47 | -542.08 | -1.24 |
| 12.00 ETH | 3,069.72 | -58.56 | -1.87 |
| 12.00 LTC | 132.56 | -4.27 | -3.12 |
| 12.00 BNB | 413.67 | -1.51 | -0.36 |
| 12.00 XRP | 0.82 | -0.03 | -4.08 |
| 12.00 ADA | 1.14 | -0.02 | -1.72 |
| 12.00 DOT | 20.46 | -0.61 | -2.90 |
| 12.00 DOGE | 0.15 | 0.00 | -1.04 |
| 12.00 UNI | 11.38 | -0.22 | -1.90 |
| 12.00 LINK | 17.33 | -0.39 | -2.20 |