{"id":2523,"date":"2024-06-11T08:56:02","date_gmt":"2024-06-11T08:56:02","guid":{"rendered":"https:\/\/cryptd.in\/bitcoin-plummets-toward-67k-but-these-coins-have-it-worse-market-watch\/"},"modified":"2024-06-11T08:56:02","modified_gmt":"2024-06-11T08:56:02","slug":"bitcoin-plummets-toward-67k-but-these-coins-have-it-worse-market-watch","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pt\/bitcoin-plummets-toward-67k-but-these-coins-have-it-worse-market-watch\/","title":{"rendered":"Bitcoin Plummets Toward $67K but These Coins Have it Worse (Market Watch)"},"content":{"rendered":"<p>The cryptocurrency market continues declining following the crash that happened late last week. The total capitalization was pushed below $2.6 trillion on the back of significant losses by Bitcoin an most of the altcoins.<\/p>\n<h2>Bitcoin\u2019s Price Plummets Toward $67K<\/h2>\n<p>At the time of this writing, BTC is trading at around $67,500, having plunged all the way down to around $67,200 on Binance. The move paints a 2.7% decline in the past 24 hours.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/06\/btc_price_chart.jpg\"><\/a>Source: CoinGecko<\/p>\n<p>Data from the popular analytics resource Coinglass shows that the total liquidations for the past 24 hours stand at around $170 million. Most of them, expectedly, are long positions. In fact, over 92% of all positions across the leading derivatives platforms are longs. Leading is Binance with around $65 million of total liquidations, followed by OKX and Huobi.<\/p>\n<h2>Some Altcoins Have It Worse<\/h2>\n<p>A lot of the large-cap altcoins are painting steeper declines compared to Bitcoin. As seen in the chart below, SOL is down 3.6%, SHIB is down 3.6%, ETH \u2013 3.7%, PEPE \u2013 3.8%, TON \u2013 3%, BNB \u2013 5%, and so forth.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/06\/crypto_heatmap_1106241.jpg\"><\/a>Source: Quantify Crypto<\/p>\n<p>Como\u00a0<em>CryptoPotato\u00a0<\/em>reported earlier, meme coins are going through a bloodbath as well. Coins like PEOPLE, PONKE, BRETT, DOGE, FLOKI, SHIB, and others \u2013 are all trading well in the red.<\/p>\n<p>It\u2019s interesting to see if this is a short-term correction or if the decline will continue throughout the rest of the summer months.<\/p>\n<p>Meanwhile, today\u2019s best performer is Injective (INJ), which increased by 10%. This follows an announcement of improved tokenomics that took place a few days ago.<\/p>\n<p>The popular TON-based meme coin Notcoin (NOT) is the one that plunged the most out of the top 100. NOT is down 14.7% in the past 24 hours. Wormhole and BRETT follow suite with 11.6% and 9.4% declines, respectively.<\/p>\n<p>A publica\u00e7\u00e3o <a href=\"https:\/\/cryptopotato.com\/bitcoin-plummets-toward-67k-but-these-coins-have-it-worse-market-watch\/\">Bitcoin Plummets Toward $67K but These Coins Have it Worse (Market Watch)<\/a> apareceu primeiro em <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market continues declining following the crash that happened late last week. The total capitalization was pushed below $2.6 trillion on the back of significant losses by Bitcoin an most of the altcoins. Bitcoin\u2019s Price Plummets Toward $67K At the time of this writing, BTC is trading at around $67,500, having plunged all the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2523","post","type-post","status-publish","format-standard","hentry","category-feeds"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Plummets Toward $67K but These Coins Have it Worse (Market Watch) - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/pt\/bitcoin-plummets-toward-67k-but-these-coins-have-it-worse-market-watch\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Plummets Toward $67K but These Coins Have it Worse (Market Watch) - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"The cryptocurrency market continues declining following the crash that happened late last week. The total capitalization was pushed below $2.6 trillion on the back of significant losses by Bitcoin an most of the altcoins. 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