{"id":496610,"date":"2022-07-25T17:00:39","date_gmt":"2022-07-25T17:00:39","guid":{"rendered":"https:\/\/ktsl888.com\/?p=496610"},"modified":"2024-06-11T09:30:58","modified_gmt":"2024-06-11T09:30:58","slug":"more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000\/","title":{"rendered":"More Than 57,000 Traders Liquidated As Bitcoin Declines Below $22,000"},"content":{"rendered":"

 <\/p>\n

The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their positions liquidated.<\/p>\n

Bitcoin Dip Triggers $151 Million Liquidations<\/h2>\n

Over the last 24 hours, more than 57,000 traders have been liquidated in the crypto market<\/a>. This has led to a total of $151 million in assets liquidated over the last day. The most prominent of these has been the Ethereum liquidations.\u00a0<\/span><\/p>\n

Ethereum, which had taken the lead during the market recovery and rallied higher than $1,600, had led the short liquidations and now, continues to lead in terms of long liquidations. Ethereum liquidations alone have crossed $70 million in the last 24 hours and $20 million in the last 12 hours.\u00a0<\/span><\/p>\n

Related Reading |\u00a0TA: Bitcoin Price At Clear Risk of Sharp Drop, Indicators Turn Red<\/a><\/em><\/p>\n

Others include bitcoin, which has only seen half the volume of liquidations compared to Ethereum. In total, there have been more than $30 million in bitcoin liquidations in the past day, accounting for 1.38K BTC. This makes it the second-largest liquidation for a digital asset in the last day. The majority of liquidations have been from long traders at 63.96%.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price falls below $22,000 | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
FOMC Looms Over Market<\/h2>\n
The recovery that had been rocking bitcoin and other cryptocurrencies has been stopped dead in its tracks as the week opened. There are various factors behind this decline such as large corporations announcing earnings and showing that they had dumped a lot of bitcoin.<\/p>\n
Related Reading |\u00a0TA: Ethereum Stuck In Key Range, Why $1,480 Is The Key<\/a><\/strong><\/em><\/p>\n
Additionally, the FOMC is starting on Tuesday, and the announcement is expected to be made on Wednesday. So basically, while this is turning out to be a big week for the financial market, it doesn\u2019t necessarily mean that the market would see any good price action.<\/p>\n
Bitcoin had also not been able to beat its 200-week moving average, and the resistance faced at this point has brought the price to a lower support point. This has marked a bearish trend for bitcoin, meaning that the digital asset will likely test $20,000 in the coming days.<\/p>\n
Featured image from Finance Magnates, chart from TradingView.com<\/pre>\n
Follow <\/i><\/b>Best Owie on Twitter<\/i><\/b><\/a> for market insights, updates, and the occasional funny tweet\u2026<\/i><\/b><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"
  The price of bitcoin has once again fallen below $22,000 once more. As expected, it has come with its own consequences for those in the crypto market. Most prominent have been in the liquidations, which have ballooned in the last 24 hours. With the most recent crash, more than 57,000 traders have seen their positions liquidated. Bitcoin Dip Triggers $151 Million Liquidations Over the last 24 hours, more than 57,000 traders have been liquidated in the crypto market. This has led to a total of $151 million in assets liquidated over the last day. The most prominent of these has been the Ethereum liquidations.\u00a0 Ethereum, which had taken the lead during the market recovery and rallied higher than $1,600, had led the short liquidations and now, continues to lead in terms of long liquidations. Ethereum liquidations alone have crossed $70 million in the last 24 hours and $20 million in the last 12 hours.\u00a0 Related Reading |\u00a0TA: Bitcoin Price At Clear Risk of Sharp Drop, Indicators Turn Red Others include bitcoin, which has only seen half the volume of liquidations compared to Ethereum. In total, there have been more than $30 million in bitcoin liquidations in the past day, accounting for 1.38K BTC. This makes it the second-largest liquidation for a digital asset in the last day. The majority of liquidations have been from long traders at 63.96%.\u00a0 BTC price falls below $22,000 | Source: BTCUSD on TradingView.com FOMC Looms Over Market The recovery that had been rocking bitcoin and other cryptocurrencies has been stopped dead in its tracks as the week opened. There are various factors behind this decline such as large corporations announcing earnings and showing that they had dumped a lot of bitcoin. Related Reading |\u00a0TA: Ethereum Stuck In Key Range, Why $1,480 Is The Key Additionally, the FOMC is starting on Tuesday, and the announcement is expected to be made on Wednesday. So basically, while this is turning out to be a big week for the financial market, it doesn\u2019t necessarily mean that the market would see any good price action. Bitcoin had also not been able to beat its 200-week moving average, and the resistance faced at this point has brought the price to a lower support point. This has marked a bearish trend for bitcoin, meaning that the digital asset will likely test $20,000 in the coming days. Featured image from Finance Magnates, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet\u2026<\/p>\n","protected":false},"author":541,"featured_media":496613,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,84332,1119,78790,86447,85078,79520],"class_list":["post-496610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-liquidations","tag-btc","tag-btcusdt","tag-crypto-market-liquidations","tag-liquidations","tag-xbtcusd"],"acf":[],"yoast_head":"\nMore Than 57,000 Traders Liquidated As Bitcoin Declines Below $22,000<\/title>\n<meta name=\"description\" content=\"  The price of bitcoin has once again fallen below $22,000 once more. 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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"More Than 57,000 Traders Liquidated As Bitcoin Declines Below $22,000","url":"http:\/\/ktsl888.com\/news\/more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/bitcoin-11.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/bitcoin-11.jpeg?fit=880%2C400"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin liquidations","btc","btcusdt","crypto market liquidations","liquidations","xbtcusd"],"dateCreated":"2022-07-25T17:00:39Z","datePublished":"2022-07-25T17:00:39Z","dateModified":"2024-06-11T09:30:58Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"More Than 57,000 Traders Liquidated As Bitcoin Declines Below $22,000\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/more-than-57000-traders-liquidated-as-bitcoin-declines-below-22000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-11.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/bitcoin-11.jpeg?fit=880%2C400\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin liquidations\",\"btc\",\"btcusdt\",\"crypto market liquidations\",\"liquidations\",\"xbtcusd\"],\"dateCreated\":\"2022-07-25T17:00:39Z\",\"datePublished\":\"2022-07-25T17:00:39Z\",\"dateModified\":\"2024-06-11T09:30:58Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/07\/bitcoin-11.jpeg?fit=880%2C400","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/496610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=496610"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/496610\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/496613"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=496610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=496610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=496610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}