CandleFocus

Crypto Market Sees $80B in 24-Hour Trading Amid $77M Liquidations as Bitcoin Holds $61K

On October 4, 2024, the cryptocurrency market experienced fluctuation across various digital assets. The total market cap is now $2.13 trillion, with Bitcoin dominating at 56.9% and a price of $61,300. Ethereum follows with a price of $2,380 and a market dominance of 13.5%. There were mixed performances among key cryptocurrencies, with some experiencing dips and others seeing price bounces. Bitcoin had the highest amount of liquidations in the last 24 hours, indicating ongoing volatility in the market. The fear and greed index stands at 39, reflecting a fear sentiment among traders. Trading positions show a divided market sentiment, with some traders predicting recovery and others preparing for further falls. Traders remain cautious in the current volatile setting and continue to monitor price movements closely.

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