Crypto liquidations reach $1.23 billion as total market value falls 5.75%
MARKETSFederal Reservecoinbrief/daily · 3 sources
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What happened
The total crypto market value fell 5.75% to $2.33 trillion over 24 hours, triggering $1.23 billion in liquidations, 82.7% of them long positions, according to Coinglass. Bitcoin slipped below $68,000, trading at $67,623 and testing its 200-week simple moving average near $67,922. Ethereum fell 3.37% to $1,903.78.
For IT people · Written by AI from 3 sources · Wrong?
What to do
- Watch whether Bitcoin holds its 200-week average on this Sunday's weekly close.
- Note that MSCI drops Strategy from its benchmark indexes on November 30.
- Watch the Federal Reserve rate decision due on December 9.
Written by AI from the sources, checked against them
Full story timeline · 3 updates
Who reported · 3 outlets
DecryptBeInCryptoThe Block
Who and what is in it
Government agencies