{"id":35419,"date":"2022-09-07T12:13:31","date_gmt":"2022-09-07T16:13:31","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=35419"},"modified":"2022-09-07T12:13:34","modified_gmt":"2022-09-07T16:13:34","slug":"bitcoin-falls-below-19000-investors-sell-350-million-everyday","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/bitcoin-falls-below-19000-investors-sell-350-million-everyday\/","title":{"rendered":"Bitcoin falls below $19,000, investors sell $350 million everyday."},"content":{"rendered":"\n

As the market falls, daily liquidations top $350 billion<\/h4>\n\n\n\n
\"Bitcoin
Investors sold $350 million naira daily after Bitcoin went below $19,000<\/figcaption><\/figure>\n\n\n\n

Bitcoin and the majority of altcoins turn red after the recent market stalemate.<\/p>\n\n\n\n

Ethereum<\/a> lost all of its recent gains, momentarily falling below $1,500, while Bitcoin reached a multi-week low.<\/p>\n\n\n\n

Yesterday was a largely bullish day for the cryptocurrency market, particularly for the altcoins, a number of which recorded spectacular increases.<\/p>\n\n\n\n

Possibly fuelled by the Bellatrix upgrade\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> \u2014 the final stage prior to the long-awaited Merge \u2013 Ethereum surged by double digits to a multiday high of almost $1,650. <\/p>\n\n\n\n

Ethereum Classic surpassed $40, representing yet another big gainer.<\/p>\n\n\n\n

Unfortunately, Ethereum was unable to capitalize on the rising trend and instead plummeted to a price of around $1,500. <\/p>\n\n\n\n

The price of ETC and a few other small and medium-sized alternatives fell by more than 10%.<\/p>\n\n\n\n

The number of overleveraged traders that liquidated their positions within a 24-hour period is now just shy of 100,000 as a result of this increased volatility.<\/p>\n\n\n\n

The overall amount of destroyed positions is up to $360 billion, with the BTC\/USDT trading pair on OKX representing the largest single position.<\/p>\n","protected":false},"excerpt":{"rendered":"

As the market falls, daily liquidations top $350 billion Bitcoin and the majority of altcoins turn red after the recent market stalemate. Ethereum lost all of its recent gains, momentarily falling below $1,500, while Bitcoin reached a multi-week low. Yesterday was a largely bullish day for the cryptocurrency market, particularly for the altcoins, a number […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5392,152,132],"class_list":["post-35419","post","type-post","status-publish","format-standard","hentry","category-news","tag-cryptocurrency-2","tag-bitcoin","tag-crypto"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=35419"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/35419\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=35419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=35419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=35419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}