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Beijing Business Daily (Reporter Liu Sihong) Bitcoin fell below $60,000 and Ethereum fell below $3,000. In recent days, virtual currencies have once again plummeted.What exactly happened?
On August 4, Beijing time, a Beijing Business Daily reporter noticed that Bitcoin has plummeted again in the past two days, falling below US$63,000, 62,000 and 61,000, until it fell below US$60,000 in the early morning of the same day.It is also the lowest point since mid-July. As of 11:10 on the day’s publication time, Bitcoin’s latest price was US$60,850, a day drop of 0.94%, a week drop of 10.23%, and a month increase of 5.95%.
The other virtual currencies also saw a full decline.Other mainstream virtual currencies such as Ethereum, SOL, Dogecoin were not spared and all saw sharp declines.Among them, the latest price of Ethereum fell below $3,000 to $2,918, a 24-hour decline of 1.54%, a weekly decline of 10.46%, and a month’s decline of 1.91%.The latest price of SOL was US$145.8, down 3.49% in 24 hours, down 19.78% in the week and up 4.4% in the month.Dogecoin’s latest price was US$0.1, down 2.82% in 24 hours and down 16.98% in the week.
In addition, with the continuous plummeting of virtual currency prices this time, the liquidation of the currency circle is also continuing to intensify. According to data from the currency circle market website CoinGlass, as of 11:00 on August 4, a total of 75,152 people have liquidated their positions in the past 24 hours,The warehouse amount is as high as US$191 million.Judging from the liquidation situation, more investors who are losing money are bullish investors.
Industry insiders remind that in the future, regulators may also increase their crackdown on market illegal trading behaviors. Virtual assets are assets with higher risks. Any investor should be aware of the risks and pay attention to risks.
