Total Crypto market cap drops by 6% as liquidations hit $550 million

Oct. 4, 2024 - Nairametrics

The Total crypto market capitalization for all crypto assets is down by 6% as liquidations in the crypto market crossed $550 million. The Israelis in response has promised serious retaliation adding to the uncertainty which reflected in the crypto market.

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) saw liquidations worth over $143 million, $119 million, and $20 million, respectively. It accounted for 49.

1% of the total liquidations, with $273.4 million liquidated on the platform.

Binance was followed by OKX, Bybit, and HTX, which saw liquidations totaling $182.6 million, $43.

3 million, and $40.2 million, respectively.

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