Overall, 197,083 traders were liquidated over the past 24 hours, with the largest liquidation taking place on Binance . 10 Reasons Why Stellar Is Most Underrated Crypto by XRP and Ripple Co-CreatorXRP plunged by more than 10% earlier this Sunday before paring some losses. It is still up by nearly 30% over the past week.
Bitcoin, the leading cryptocurrency by market cap, also plunged to the $95,000 level after failing to touch $100,000 on Friday., Galaxy Digital CEO Mike Novogratz recently warned that corrections were"inevitable." However, he is convinced that Bitcoin will eventually reclaim $100,000. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.