It is a blood red Monday on the cryptographic markets.
In general, the cryptography market fell by more than 6% in the last day, with leading head pieces like Solana, XRP and Dogecoin showing much more important losses during the same period .
BitcoinThe drop in decrease is relatively modest compared to the rest of the market, the main asset down more than 2% at a current price of $ 93,417. He almost touched $ 93,000 when he went down, but was slightly rebounded.
Ethereum, on the other hand, suffered a deeper loss with a drop of almost 8% of the day, to $ 2,584 when writing this article. The second largest crypto piece by market capitalization has experienced a few volatile days for more than $ 1.4 billion in Eth and related tokens were slipped from Crypto Exchange bybit last Friday.
In the midst of the damage on Monday, cryptographic liquidations increased to $ 686 million in the last 24 hours, according to data from RinsingEthereum and Bitcoin leading the costs at around $ 147 million and $ 143 million, respectively. The vast majority of liquidations are intended for long positions.
Solana remains the largest loser in the first 10 parts, with its deepening of the decline since earlier on Monday. It is down 12% compared to the last day and 19% over the week at a current price less than $ 147. It fell below the $ 145 bar Monday afternoon-the lowest price recorded since mid-October.
The Solana ecosystem is in disarray in recent weeks due to the drop in the demand for parts even, partially fueled by controversy Balance—A coin promoted by Argentinian president Javier Milei. The traders said that more than $ 250 million in Paris on the medal, according to data from NansenWhile Milei faces accusations of fraud of the opposition party in Argentina.
Other coins are almost as bad as Solana, with Dogecoin (Dogeco) from more than 11% to $ 0.213, XRP falling from almost 9% to $ 2.35 and Cardano down almost 8% at A current price of $ 0.70.
The meme sole piece of President Donald Trump, Trump, fell as low as $ 13.70 – the lowest price recorded only for hours after the start of the play in January. It is now down more than 81% compared to its top price greater than $ 73.
The last springboard of the markets came shortly after Crypto Exchange Okx announced that he pleaded guilty to accusations Of the Ministry of Justice for having illegally served American customers and will pay more than $ 500 million in penalties and confiscation.
Daily debriefing Bulletin
Start every day with the best reports at the moment, as well as original features, a podcast, videos and more.