Billions Were Lost In The Cryptocurrency Market!

Serious value losses occurred in Bitcoin and altcoins. Billions are steaming in the markets.

Billions were lost in the cryptocurrency market. Leading cryptocurrency Bitcoin (BTC) has suffered a sharp decline today. Bitcoin price fell to $54,500 after reaching $60,600. This decline in BTC has brought other cryptocurrencies to the red board. However, this decline also resulted in a liquidation of multi-billion dollar positions.   BTC Price Dropped Sharply The bitcoin price has been falling sharply after its rapid rise in recent days. BTC withdrew from $ 60,600 to $ 54,500 and lost almost $ 6,000. Bitcoin lost more than 7 percent in value. In general, it is traded with a decline of over 6 percent in other cryptocurrencies. Ethereum also fell sharply and fell to $ 1,750. At the time of writing it is priced on the red board in almost all markets. Of course, this decline in BTC caused serious damage to those who bet on the rise of cryptocurrency. The BTC collapse resulted in a liquidation of multi-billion dollar positions in the market. While billions are evaporating from the market, the downward trend continues.