In accordance with @CoinGapeMedia, the cryptocurrency market experienced significant liquidations exceeding $205 million within a single hour. This event occurred as Bitcoin's price fell below $98,000 and Ethereum's price slipped under $3,500. The rapid decline in these major cryptocurrencies has sparked discussions on whether investors are taking advantage of the dip. The market volatility highlights the ongoing fluctuations in the crypto space, impacting traders and investors globally.
Over $205M Liquidated as Bitcoin and Ethereum Prices Drop
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