BTC falls below the key support of $100,000, and the market fear index hits a six-month low.
Last night, BTC plummeted straight from 104,000 to 98,900, briefly hitting a six-month low. ETH didn't fare much better, crashing from 3,500 to 3,057, with a 24-hour decline of nearly 10%.
On-chain data is even scarier - in the past 24 hours, the entire network has seen liquidations of 2.1 billion USD, with long positions facing 1.68 billion USD in liquidations, and the largest single liquidation occurred on HTX (BTC-USDT, 47.78 million USD).
The financing rate for Bitcoin futures has plummeted by
View Original