Cryptocurrency Q&A
Which cryptocurrencies have suffered the most losses in the past 24 hours?
Which cryptocurrencies have suffered the most losses in the past 24 hours?
DigitalDuke
Wed Jul 10 2024
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7 answers
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Could you elaborate on which cryptocurrencies have experienced the steepest declines in value over the past 24-hour period? I'm particularly interested in understanding which tokens or coins have taken the biggest hits, and what factors might have contributed to these losses. Additionally, are there any trends or patterns emerging among these cryptocurrencies that could indicate further market volatility or potential recovery? Your insights into this matter would be greatly appreciated.
7 answers
CryptoVeteran
Fri Jul 12 2024
Notably, Bitcoin (BTC) traders were among the hardest hit, suffering losses totaling approximately $112 million.
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CoinPrince
Fri Jul 12 2024
Ether (ETH) traders also faced significant liquidations, exceeding $73 million in value.
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Carlo
Fri Jul 12 2024
These liquidations occurred due to various factors in the market, including price fluctuations and traders' positions.
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HanbokGlamourQueenElegance
Fri Jul 12 2024
Among the liquidated trading positions, $282 million were long positions, indicating that many traders were betting on the possibility of higher prices.
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noah_harrison_philosopher
Fri Jul 12 2024
The cryptocurrency market saw significant losses among traders in the past 24 hours.
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