The cryptocurrency market is experiencing an increase in liquidations, with over $534 million being wiped off the market in the past 24 hours. XRP has had the highest liquidations, followed by Bitcoin. Small-cap altcoins also saw significant liquidations due to fear, doubt, and uncertainty. Binance, OKX, and Bybit were the leading exchanges in terms of daily liquidations. Despite the increase in liquidations, the crypto market has been consolidating around the $3.66 trillion zone, with investors buying over $1.2 trillion in cryptocurrencies in the past month. The daily trading volume has also seen a significant increase. The market is currently showing mixed signals and high volatility, with investors hoping for Bitcoin to reach the $100,000 price point.



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