Over 158K crypto traders lose all their funds as Bitcoin bows to strong dollar

...sudden drop in the price of many altcoins like Cardano, Solana, and XRP.

Bitcoin and Ethereum prices have both broken their key support levels of $40K and 3K respectively, and investor sentiment is bearish.

There were 158,832 liquidations for the day, totalling $387.96 million. The largest single liquidation occurred on Okx, a BTC-USD-220930 transaction valued at $2.93 million.

The main driver of the round of liquidations, according to proponents, was a sharp selloff in the previous week, driven by a strong dollar that has reached new highs in two decades.

There was also a sudden drop in the price of many altcoins like Cardano, Solana, and XRP.
https://nairametrics.com/2022/05/01/over-158k-crypto-traders-lose-all-their-funds-as-bitcoin-bows-to-strong-dollar/

mynd44 lalasticlala seun dominique

for most lazy yoots, na either d ponzi die or dem die. shiorr

I'm thinking of venturing into crypto trading



Good or bad?

Ok

Bitcoin didn't crash oga. It moved from $40k to $37k.

If you want to see what crashed, plot the time graph of NGN against USD.


Time to buy the dip guys.. Or wait further to long BTC

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SEE ONLY THOSE IN BANKING INTL TRADE SECTIONS USE CUSTOMERS' DOM ACCS TO GAMBLE WITH THIS THINGS. GO ASK YA BANKERS IN NAIJA.