Litecoin was one of the notable movers during Friday’s crypto blood bath, as markets reacted to speculation that Spacex had sold over $ 370 million in bitcoin. Today’s sell-off saw the global market cap fall by roughly 6.20%, at the time of writing. XRP also fell significantly. Litecoin (LTC) Litecoin (LTC) fell by as …
As bitcoin dipped below the $ 29K threshold and the overall crypto economy experienced a 1.4% decrease to $ 1.17 trillion, cryptocurrency derivatives markets underwent $ 92 million in liquidations, primarily in long positions. Cascading Effect: Bitcoin’s Fall Under $ 29K Sparks $ 92 Million in Liquidations The crypto economy, …