News Formal

XRP Plunges 12% as Crypto Market Loses $1 Trillion

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The cryptocurrency market has recorded its worst day in months

The Ripple-affiliated XRP cryptocurrency is down as much as 12% after slipping to an intraday low of $2.07. Michael Saylor Likens Satoshi Nakamoto to Prometheus, Here’s WhyThe cryptocurrency market is now on track to have its worst day in four months, with as much as $1 trillion of value being wiped out.

Overall, nearly 600,000 trades got liquidated, with one trader losing as much as $19.69 million with a single ETH/USDT order on the Binance exchange earlier today. Notably, Ethereum is above Bitcoin when it comes to the total amount of longs liquidated over the past 24 hours .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Hit by $500 Million Liquidation Tsunami as XRP Plunges 10%Bitcoin (BTC) recently slipped to the $95,000 level
Source: Utoday_en - 🏆 295. / 63 Read more »