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Crypto Market Update: $BTC and $ETH See Major Liquidations, $BNX and $QNT Bounce Back

In the crypto market update on September 8, several tokens experienced significant price movements. According to Phoenix, $BNX, $QNT, $SUI, $BTT, and $AVAX saw dips and bounces, while $BTC, $ETH, $SOL, $SUI, and $PEPE experienced liquidations. $BNX had a dip of 0.83% and a bounce of 16.73%, while $QNT saw a dip of 2.34% and a bounce of 16.72%. $SUI had a dip of 0.56% and a bounce of 9.77%, while $BTT dipped by 2.30% and had a bounce of 8.97%. $AVAX had a dip of 0.43% and a bounce of 7.73%. In terms of liquidations, $BTC had $8.30M, $ETH had $6.99M, $SOL had $2.63M, $SUI had $2.27M, and $PEPE had $2.03M. The prices of Bitcoin and Ethereum were reported to be $54,388 and $2292 respectively, with $BTC having a market dominance of 55.6% and $ETH accounting for 14.3%. The fear and greed index stood at 28, indicating fear. The market includes 30,166 cryptocurrencies with a market capitalization of $1.93T and a 24-hour volume of $39.81B.

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