However, the past 24 hours were violent once more. After news
about the new inflation numbers within the US, BTC dropped below $30,000, surged above that level, and plummeted once more.yesterday evening, but the situation only worsened as BTC dipped to $26,500 a few hours back. Somewhat expectedly, the altcoins have capitulated even more. Ethereum is down by more than 20% to well below $2,000. Binance Coin dumped by 25% to $235. Even more massive drops are evident from Ripple , Solana , Cardano , Dogecoin , Avalanche , and Shiba Inu .
The market’s most significant loser – Terra – has plummeted to below $0.30 as of writing these lines. After theand liquidated traders, with over $1.2 billion wrecked in the past 24 hours, while over 430,000 traders saw their positions liquidated.
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