Placer din annonce her. Bitcoin went through a substantial price drop during Asian trading, falling to less than $66,000, causing traders who were expecting higher prices to suffer losses. In recent weeks, Bitcoin had been increasing in value, reaching a record high of $73,750 due to excitement about spot Bitcoin exchange-traded funds. Unfortunately, the celebration was brief as the market quickly became very volatile, causing the price to drop by over 10% to $65,872. Ouroboros Capital, a crypto hedge fund, stated that this market adjustment was due to larger economic issues, noting that the recent inflation report confirmed concerns about ongoing inflation since the beginning of the year. I am most afraid of the macro boogieman. In a bull market, the macro boogieman poses a significant threat because everyone is too focused on individual factors such as narratives, rotations, and being risk-on. According to data from CryptoSlate, BTC’s price has risen to $66,2563. However, the volatility of BTC has also affected other top assets like Solana, Ethereum, BNB, and XRP, which all saw losses of more than 5% during the reporting period. In just one hour, the market downturn resulted in over $126 million being lost by crypto traders. Based on CoinGlass data, short traders experienced a small loss of $224 million, while long traders lost $121 million. When looking at the past 283.36 hours, long traders’ losses increased significantly to over $210 million due to being liquidated. During this time frame, short traders have suffered losses amounting to $219 million. Bitcoin enthusiasts were hit hardest by the liquidation event, experiencing losses of over $215 million, making up approximately 22% of the total losses. Long traders lost around $2024 million, and short traders suffered a $224 million loss. The largest liquidation of the day was a $13.51 million long BTC position on the OKX exchange. Ethereum traders also had liquidations amounting to over $251.87 million.