In the last 24 hours, the crypto market saw total liquidation of $307.58 million, with almost $250 million in longs liquidated.
Bitcoin price currently trades at $19.8K, after an 8% fall. The 24-hour low and high are $19,895 and $21,796, respectively.
Bitcoin and Ethereum prices fall to $15K and $1K is not outside the realm of possibility. Worsening macro amid rising inflation indicates a move near the numbers again despite jobless claims showing signs of a slowdown in the labor market.
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