The cryptocurrency market is experiencing a significant decline, with many altcoins seeing sharp price drops. Bitcoin's price has also fallen to a two-week low of under $94,000. Solana has been particularly affected, losing 8% in the past 24 hours and 40% compared to its January high. Cardano, Chainlink, and Avalanche have also seen significant losses. Ripple's token has dropped 5% to just over $2.5, while Ethereum is struggling to stay above $2,600. Litecoin is one of the few exceptions, posting a 3% increase. The total value of wrecked positions is estimated to be $330 million, with over 140,000 traders liquidated.
Content Editor ( cryptopotato.com )
- 2025-02-18
XRP, ADA, and SOL Tumble, Driving Liquidations Above $300M
