In the past 24-hours alone, over $160 million in long positions have been liquidated across the crypto market, with $144.3 million being wiped out in the previous 12-hours. Crypto market prices are negatively affected when long derivative positions are liquidated without buying pressure from trading volume.
Crypto Price Today: Bitcoin holds near $37,000; Polygon, Avalanche surge up to 7% Bitcoin's dominance is currently 51.20%, according to CoinMarketCap. BTC volume in the last 24 hours rose 0.6% to $13.04 billion.
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Why did cryptocurrency fall today?
In the past 24-hours alone, over $160 million in long positions have been liquidated across the crypto market, with $144.3 million being wiped out in the previous 12-hours. Crypto market prices are negatively affected when long derivative positions are liquidated without buying pressure from trading volume.
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Crypto Price Today: Bitcoin holds near $37,000; Polygon, Avalanche surge up to 7% Bitcoin's dominance is currently 51.20%, according to CoinMarketCap. BTC volume in the last 24 hours rose 0.6% to $13.04 billion.
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