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Help! BTC is dangerously falling below $100,000, Ethereum Long Wick Candle at $3650, 250,000 people get liquidated over $700 million.
After the Intrerest Rate decision of the Federal Reserve in the United States today, the encryption market began to experience a Take a Nosedive trend, with BTC risking to break the $100,000 mark, and Ethereum also experiencing a Long Wick Candle at $3650. The total amount of Get Liquidated contracts on the entire network reached $702 million in nearly 24 hours, with over 253,000 people being liquidated. At 3 am today (19th), after the Federal Reserve’s Intrerest Rate decision was announced, BTC began to enter a downward trend, dropping from a high of $104,800 to a low of $100,303, with a short-term decline of up to 4.3%. As of the deadline, it is trading at $100,900, with a nearly 24-hour decline of 4.84%. Similarly, after the Intrerest Rate decision was announced, Ethereum began to decline from a high of $3907, reaching a Long Wick Candle at $3650, with a short-term decline of 6.6%. As of the deadline, it is trading at $3681.05, with a 6.14% decline in nearly 24 hours. In the past 24 hours, the total amount of Cryptocurrency Get Liquidated reached $702 million, with long order Get Liquidated amounting to $608 million, and short order Get Liquidated amounting to $93.57 million, with over 25,300 people being liquidated.