Bitcoin

Dogecoin

Ethereum

Solana

Toncoin

In the last 24 hours, crypto bulls have lost almost $300 million as the market sells off even more. Today, <a href="https://optimisus.com/news/crypto-news/mt-gox-is-close-to-finishing-its-bitcoin-repayment-plan-after-transferring-2-billion-in-btc/" rel="noopener noreferrer nofollow">Bitcoin fell below $60,000</a> and hit a three-week low of $57,500.Some majors, like Solana&#39;s SOL, Dogecoin (DOGE), BNB Chain&#39;s BNB, xRP (XRP), Cardano&#39;s ADA, and Toncoin (TON), also lost value. Ethereum (ETH) dropped below $2,900, giving back all the money it made during its run to $3,400 in July.It is a liquid index that tracks the biggest tokens, minus stablecoins. Futures bets that were bullish lost almost $300 million, and over 97,000 traders have lost all of their money in the last 24 hours because of quick market changes.Long positions in ETH lost the most money, $55 million. Long positions in Bitcoin lost $43 million. Some traders said that global tensions in the Middle East could cause Bitcoin to move to $55,000. This would make people less likely to buy risky assets like technology stocks.

Crypto Bulls Lose $300M as Dogecoin and Solana Tokens Drop By Over 15%

Optimisus

Other articles published on Aug 4, 2024

Dogecoin Core reproducibility update ‘imminent’

Senator Cynthia Lummis’s Bitcoin Reserve Bill Gains 2,200 Letter Endorsements

A Double Surge: Shiba Inu’s Rally and This Meme Coin’s Promising Presale

The Best Crypto Presale Projects of 2024 - KangaMoon Soars with New Exchange Listings

Crypto Boom: Must-Have AI Coins for Your Portfolio

Dogwifhat (WIF) Open Interest Plunges 28%, Traders On Edge

Join our free newsletter for daily crypto updates!