Bitcoin, the first cryptocurrency, continued to fall after hitting an all-time high of $58,000. Bitcoin’s market capitalization stood slightly above $1 trillion and has fallen to $935 billion.
As of writing, digital gold is trading at $50,800. Over the past 24 hours, Bitcoin has fallen 10.9%, according to CoinGecko.
Over the last 24 hours, Bitcoin price has twice fallen below the $50,000 level. Four-hour BTC/USD chart from TradingView.
The screenshot below shows the top ten most capitalized crypto assets.
Data: CoinGecko.
Most top coins have fallen more than 10% over the last 24 hours. Exceptions: Polkadot and the stablecoin Tether.
The total cryptocurrency market capitalization stands at $1.55 trillion. Bitcoin dominance index — 60.1%.
On February 22 the volume of long liquidations in Bitcoin futures over one hour stood at $410 million.
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