π 30 Second Cryptocurrency Price Summary Current Bitcoin Price: $47,935 Bitcoin price has plummeted 12% today, falling to as low as $45,161 before stabilizing around the $48,000 level. Top-20 altcoins have also suffered a major hit, as Ethereum falls 18% and XRP drops 20%. Solana outperformed all other coins with a massive 40% rise. Top Stories for February 23, 2021 π₯ Almost $6 billion in cryptocurrency futures contracts were liquidated yesterday as Bitcoin dropped below $48,000. The exact figure, according to Bybt.com, was $5.65 billion in liquidations, with over 645,000 traders liquidated. More than $2.5 billion of the liquidations came from Binance alone. Users of cryptocurrency exchange Kraken are demanding refunds following an unusual flash-crash, which resulted in liquidations at extreme prices on Bitcoin and Ethereum markets. Liquidations on Ethereum were the most extreme, with price cascading down to $700 - a much larger drop than seen on any other exchange. The State Bank of India, the country's largest bank, has joined JPMorgan's blockchain payments system, called Liink. The network is a fork of Ethereum which is designed to facilitate faster cross-border payments and reduce banking costs. |