coindesk
Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate
Related Cryptocurrencies
ETH
Ethereum
$3,437.88
+2.97%
TL;DR
Ether's price has dropped by 20%, leading to a $1 billion liquidation cascade in the crypto market. Analysts warn of further decline with ETH potentially reaching $2,700-$2,800.
Summary
Ether's price has dropped by 20%, leading to a $1 billion liquidation cascade in the crypto market. Analysts warn of further decline with ETH potentially reaching $2,700-$2,800.
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