Crypto Market Update: Red Across the Board 🚨
The cryptocurrency market is facing intense pressure today, with Bitcoin breaking key support levels amid heavy selling. Over $866 million in leveraged positions liquidated in the last 24 hours, exacerbating the downturn.
Key Data Points:
Bitcoin ($BTC ): $78,787, down 6.44% in 24h, market cap ~$1.57T .
Ethereum ($ETH ): $2,443, down 9.59% in 24h.
24h trading volume: $73B+ for BTC alone, total market volume ~$190B
3 Actionable Takeaways:
Secure profits on longs and consider short positions on overleveraged assets like ETH.
Watch BTC $75K support – a break could trigger further cascade liquidations.Accumulate dips in resilient alts only after volatility subsides; prioritize risk management.
Stay sharp, traders! What's your move today? 👇 #BTC #crypto #TradingTales
