Crypto investors are being cautioned as the total market liquidation surpasses $490 million. Dogecoin and XRP have been particularly impacted, with Dogecoin experiencing $31.7 million in liquidation and XRP suffering $30.37 million. Long traders have suffered more losses than short traders in both cases. Despite a mild shift, XRP has retained 1.08% growth in 24 hours. The price of Bitcoin flirted with the $100,000 mark but has since pulled back to $98,159. The market hopes for a return to local highs that could lead to a marketwide rebound, which may also benefit Dogecoin and XRP.
- Content Editor ( u.today )
- 2024-11-25
Dogecoin (DOGE) and XRP Shine as Crypto Liquidations Hit $493 Million