Crypto Market Downtrend Continues as Bitcoin Briefly Falls Below $113,000 This Morning
BlockBeats News, August 2 — According to data from a certain exchange, the downward trend in the crypto market continues. Bitcoin briefly fell below $113,000 this morning, reaching a low of $112,722, while Ethereum dropped to a low of $3,431. Details are as follows:
BTC 24-hour decline: 1.86%, current price: $113,574
ETH 24-hour decline: 5.56%, current price: $3,489
ETHFI 24-hour decline: 9.23%, current price: $0.957
OMNI 24-hour decline: 8.12%, current price: $4.3
CFX 24-hour decline: 8%, current price: $0.1934
CRV 24-hour decline: 7.05%, current price: $0.8761
1000CAT 24-hour decline: 6.65%, current price: $0.00899
Additionally, according to Coinglass data, the total liquidations across the network in the past 24 hours reached $950 million, with long positions accounting for $858 million and short positions for $91.36 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mortgage rates return to 7%, pending home sales in the US fall to nearly a twelve-year low
According to Freddie Mac data, the 30-year fixed mortgage rate has risen to 7.4%, the highest level in nearly three years. Data from real estate brokerage Redfin shows that the volume of existing home pending sales in September fell 4% month-on-month, marking the largest single-month drop in over three years and hitting the lowest level since 2014. Nearly one-fifth of sellers have reduced prices, and the home purchase contract cancellation rate has reached a record high of 14.5%. Inventory levels have risen to the highest since March 2020, but high financing costs continue to constrain transactions.

Mueller Water Products names Michael Morgan CFO, succeeding Melissa Rasmussen
GLD ETF Falls 0.6%
JPMorgan’s tokenized funds on Ethereum hold $844 million

