Crypto Market Crash Live Updates: Filecoin Price Down By 27%; Liquidation Breaches $237 Million

Crypto Market Crash Live Updates December and Latest News: (December 17, 2022) The global crypto market capitalization sees a major drop as the prices of the biggest digital assets like Bitcoin (BTC) and Ethereum (ETH) plunge 4% and 7% respectively.

Cumulative crypto market capitalization is down around 6% over the past day to stand at $802 billion. Meanwhile, 24-hour trading volume increased by 50% to settle at $50.04 billion.

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2022-12-17T14:00:00+5:30

Trust Wallet Token Price Drops 20%

The price of the Trust Wallet Token has dropped by 20% in the last 24 hours. TWT is trading at an average price of $1.65, at press time. TWT's 24-hour trading volume has increased by 276% to $212.9 million.

2022-12-17T13:15:00+5:30

Over $237 Million Liquidated From Crypto Market

According to data provided by Coinglass, the Crypto market has seen a total liquidation of $237.8 million in the last 24 hours. More than 95k traders have liquidated this huge amount of funds from the market. However, the largest liquidation order occurred on Binance, where a trader withdrew $5.52 million worth of Ethereum.

2022-12-17T12:40:00+5:30

Filecoin price drops 27%

Filecoin is the biggest loser among the major cryptocurrencies in the last 24 hours. Filecoin price is down 27%. FIL is trading at an average price of $3.05, at press time. Meanwhile, its 24-hour trading volume is up 356% to sit at $441.5 million.

2022-12-17T12:00:00+5:30

Ethereum price falls 7%

ethereum price falls by a strong 7% in the last 24 hours. ETH is trading at an average price of $1,183, at press time.

However, the recent price crash has eroded all of ETH's gains from the past week.

The Ethereum price faces the risk of further decline in the future. Ever since the Beacon Chain upgraded last year, ETH investors have been staking their coins with Ethereum 2.0.

2022-12-17T11:20:00+5:30

Bitcoin Price Drops Below $17K

Bitcoin (BTC) price plunged 4.5% and has slipped below its crucial support of $17,000. With the recent BTC price crash, it has given up all weekly gains and is now in deep territory. negative.

The broader cryptocurrency market has been under strong selling pressure, correcting 6% in the last 24 hours and losing $50 billion. Read more hereโ€ฆ

2022-12-17T11:00:00+5:30

Crypto Market Crash

The global crypto market capitalization records a major drop on Saturday morning. Cumulative crypto market capitalization is down around 6% over the past day to stand at $802 billion. Meanwhile, 24-hour trading volume increased by 50% to settle at $50.04 billion.

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The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrency. The author or publication has no responsibility for your personal financial loss.

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