Crypto liquidations exceed $300M in a day, causing DeFi panic extremes

Crypto liquidations exceed $300M in a day, causing DeFi panic extremes


Cryptopolitan
2022-06-20 11:49:09

Over the weekend, the price of Bitcoin plummeted to about $17,749, and that of Ethereum fell to around $897 as crypto liquidation in the market accelerated. The world’s two most popular cryptocurrencies have lost more than 35% in the last week, with both breaching symbolic price barriers. The unprecedented collapse in cryptocurrencies has put a...