Amid the global panic in the economy and stock market crash, in the last 24 hours, over USD 1 billion was liquidated in the crypto market. The Bitcoin (BTC) price dropped USD 50,000, down 14%, and the other cryptocurrencies suffered the steepest fall. Ethereum fell below USD 2,250, according to a report by Lokmat Times. Cryptocurrencies across the globe crashed, including in India, amid the ongoing global financial crisis affecting investors. Japan Stock Market Crash: From Geopolitical Concerns to Apprehension Over US Recession, List of Reasons Why Japanese Market Suffered Worst Losses Since 1987.
Over USD 1 Billion Liquidated in Crypto Market in Last 24 Hours
BREAKING: Over $1 billion liquidated from crypto market over past 24 hours
— The Spectator Index (@spectatorindex) August 5, 2024
Over USD USD 1,000,000,000 Liquidated in Crypto Market in Last 24 Hours
JUST IN: $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
— Watcher.Guru (@WatcherGuru) August 5, 2024
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