Update
BTC, ETH, XRP Crash Again with Liquidation Wave
The cryptocurrency market is experiencing significant declines, with Bitcoin (BTC) dropping to a multi-month low of $73,500 and Ethereum (ETH) nearing $2,000. The market turmoil follows a volatile week post-US midterms and is exacerbated by the aftermath of the Binance hack, leading to increased bearish control. Over 155,000 traders have faced liquidations in the past 24 hours, with total liquidated positions exceeding $1 billion, primarily affecting long positions in ETH.