Who caused the market crash: BTC below $111,000, and ETH declines after ATH Over the past 24 hours, the market has been under severe pressure: the price of Bitcoin dropped to under $111,000, and Ethereum, after rising above $4,900 yesterday, fell below $4,700. The Fear and Greed Index dropped to a neutral level of 47. The network attributes the decline to the actions of major holders - as whales began transferring liquidity from Bitcoin to Ethereum, selling large amounts of Bitcoin, which increased pressure on the market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#GT# #BTC# #XRP# #ETH# #DOGE# 🚀🎯✅💯🌐💸📊💰🚨
Who caused the market crash: BTC below $111,000, and ETH declines after ATH
Over the past 24 hours, the market has been under severe pressure: the price of Bitcoin dropped to under $111,000, and Ethereum, after rising above $4,900 yesterday, fell below $4,700. The Fear and Greed Index dropped to a neutral level of 47.
The network attributes the decline to the actions of major holders - as whales began transferring liquidity from Bitcoin to Ethereum, selling large amounts of Bitcoin, which increased pressure on the market.