{"id":144352,"date":"2024-12-09T22:50:33","date_gmt":"2024-12-09T20:50:33","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144352"},"modified":"2024-12-09T23:02:10","modified_gmt":"2024-12-09T21:02:10","slug":"bitcoin-falls-below-97000-almost-200-million-were-liquidated-in-the-past-hour","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-falls-below-97000-almost-200-million-were-liquidated-in-the-past-hour\/","title":{"rendered":"Bitcoin Falls Below $97,000 &#8211; Over $250 Million Were Liquidated in the Past Hour"},"content":{"rendered":"<p>At the time of writing, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>is trading at $96,380 after dropping 3.15% in the past 24 hours with its volume reaching around $89.5 billion. The top cryptocurrency\u2019s market cap is currently valued at $1.914 trillion.<\/p>\n<p><a href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-falls-below-97000-almost-200-million-were-liquidated-in-the-past-hour\/btcusd_2024-12-09_22-50-02\/\" rel=\"attachment wp-att-144353\"><img decoding=\"async\" class=\"alignnone size-full wp-image-144353\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02.png\" alt=\"\" width=\"2048\" height=\"937\" srcset=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02.png 2048w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02-300x137.png 300w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02-1024x469.png 1024w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02-768x351.png 768w, https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/BTCUSD_2024-12-09_22-50-02-1536x703.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\"><\/a><\/p>\n<p>In the past hour alone, over $220 million were liquidated from the cryptocurrency market \u2013 $251.5 million in long positions and $2.58 million in shorts.<\/p>\n<p>This brings the total liquidations to $826 million in the past day (over $725.66 million in longs with BTC accounting for $95.74 million,) according to data from <strong><a href=\"https:\/\/www.coinglass.com\/LiquidationData\" rel=\"nofollow\">CoinGlass<\/a><\/strong>.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-144344\" href=\"https:\/\/cryptodnes.bg\/en\/peter-schiff-calls-bitcoin-a-national-security-threat-sparking-debate\/\" title=\"Peter Schiff Calls Bitcoin a National Security Threat, Sparking Debate\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/peter-schiff-on-btc-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Peter Schiff Calls Bitcoin a National Security Threat, Sparking Debate<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>The 1-day technical analysis from TradingView has shifted significantly in the past couple of days with the summary showing \u201cneutral\u201d at 10, moving averages pointing to \u201cbuy\u201d at 9, while oscillators show \u201csell\u201d at 2.<\/p>\n<p>The total cryptocurrency market cap declined 4.84% and currently stands at $3.5 trillion. The 24-hour trading volume also surged by 58% to $237 billion.<\/p>\n<p>The biggest loser during this period is the popular <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/solana\/\">Solana<\/a><\/strong>-based memecoin Popcat (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/popcat-sol\/\">POPCAT<\/a><\/strong>). The altcoin lost 16.8% of its valuation and is currently trading at $1.25. Virtuals Protocol (<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/virtual-protocol\/\">VIRTUAL<\/a><\/strong>) also dropped 15.42% and is trading at $1.45.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After a great start to december, the cryptocurrency market is starting to cool-off as we are witnessing major liquidations across the board.<\/p>\n","protected":false},"author":7,"featured_media":70528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,296,266,400],"coin_category":[],"class_list":["post-144352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-popcat","tag-solana","tag-virtuals-protocol"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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