Traders lost $ 1.7 billion per day amid falling bitcoin rate

Over the past 24 hours, positions of 237 thousand traders were liquidated. This happened due to the depreciation of Bitcointo a two-week minimum of $ 53,000.

Over the past day, crypto exchange userslost $ 1.65 billion amid a drop in the bitcoin rate by 8%, to a two-week low of $ 53 thousand.According to the bybt service, over the past 24 hours, positions of 237 thousand traders were liquidated, one of them lost over $ 10 million.

The largest number of liquidations fell on pairswith bitcoin. Users who opened long margin positions on the first cryptocurrency lost a total of $ 978 million.At the same time, those who bet on the further growth of Ethereum quotes lost $ 247 million.

Market capitalization of digital money per daydecreased by 6%, to $ 1.7 trillion. Trading volume in 24 hours is currently $ 192 billion, according to CoinGecko. The share of bitcoin in the industry has dropped to 58.2%.

Yesterday, March 22, spoke about bitcoinUS Federal Reserve Chairman Jerome Powell, calling it a "gold substitute." He also noted that the first cryptocurrency is too volatile and unsecured, so it cannot be a means of settlement.

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