Reported about 5 hours ago
Following a significant liquidation wave exceeding $1.5 billion, cryptocurrency markets are demonstrating heightened volatility. The sudden selloff, which lacked a decisive cause, resulted in the unwinding of leveraged positions in Ether and other tokens, prompting traders to brace for more fluctuations. As demand for options reflecting sharp price movements surges, market participants remain cautious, with Bitcoin and Ether showing signs of nervous sentiment amid mixed signals from broader financial markets.
Source: YAHOO