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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) saw $1.4 billion in liquidations over the past week as retail capitulates on altcoins and rotates back into majors.
What Happened: Bitcoin slipped below $85,000 mid-week before grinding back to $90,000 by the end of last week, though it has failed to follow through this week.
Ethereum dropped below $3,000 as liquidations hit $600 million Monday, then another $400 million on Wednesday and Thursday, respectively
The damage was severe but short-
Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) saw $1.4 billion in liquidations over the past week as retail capitulates on altcoins and rotates back into majors.
What Happened: Bitcoin slipped below $85,000 mid-week before grinding back to $90,000 by the end of last week, though it has failed to follow through this week.
Ethereum dropped below $3,000 as liquidations hit $600 million Monday, then another $400 million on Wednesday and Thursday, respectively
The damage was severe but short-
2 months ago
