Major cryptocurrency losses deepen as bitcoin trades below $43,000 – MarketWatch
Major cryptocurrencies recorded further losses on Thursday, as price falls on Wednesday forced leveraged traders betting on upward price movements to liquidate their accounts. Bitcoin
BTCUSD,
-2.12%
is trading below $43,000, down 7.5% over the past 24 hours. Ether
ETHUSD,
-5.17%
is trading 11.9% lower at around $3,339. Solana
…….
Major cryptocurrencies recorded further losses on Thursday, as price falls on Wednesday forced leveraged traders betting on upward price movements to liquidate their accounts. Bitcoin
BTCUSD,
-2.12%
is trading below $43,000, down 7.5% over the past 24 hours. Ether
ETHUSD,
-5.17%
is trading 11.9% lower at around $3,339. Solana
SOLUSD,
-3.46%
went down around 12.5% during the past 24 hours at around $147. XRP
XRPUSD,
-4.47%
logged a 9.4% loss, trading at around $0.75. Meme token Dogecoin
DOGEUSD,
-1.35%
retreated 7.6% at around $0.16, while another dog-themed token, Shiba Inu
SHIBUSD,
-1.71
lost 9% at around $0.00003. Minutes released Wednesday from the Federal Open Market Committee’s December meeting showed extensive discussions among officials of how to more quickly move away from its current easy-monetary stance by hiking rates and shrinking its $8.67 trillion balance sheet.
