atomcrashed
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$ATOM 2.24 to 2.16 to 2.06 to reverse 2.03 price premarket
Trend Down 2.16 bullish up to 21 to down 2.07 #ATOM #ATOMCrashed #$BTC $ETH
#FedWatch
Trend Down 2.16 bullish up to 21 to down 2.07 #ATOM #ATOMCrashed #$BTC $ETH
#FedWatch
S
ATOMUSD CM
Perp
Closed
PNL
+0.1656ATOM
Binance BiBi:
Hey there! I see you're looking at ATOM. As of 08:34 UTC, its price is around $2.239, up 1.36% in the last 24 hours. It's in a fascinating spot with recent network upgrades and big discussions on new tokenomics. Always DYOR! Hope this helps
Guys we really missed the Boat ๐ถ . $ATOM was just trading at $0.001 few hours ago and now its trading at over $3.00 that is an insane gain of 3000x, ๐ค
and it was all unexpected due to sudden Trump Tariffs ๐ญ
#TrumpTariffs #ATOMCrashed
and it was all unexpected due to sudden Trump Tariffs ๐ญ
#TrumpTariffs #ATOMCrashed
๐จ ๐๐ฎ๐๐ ๐ก๐ถ๐ด๐ต๐, ๐๐ต๐ฒ ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐ผ๐ณ ๐ง๐๐ผ ๐ ๐ฎ๐ท๐ผ๐ฟ ๐๐น๐๐ฐ๐ผ๐ถ๐ป๐ ๐ข๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฎ๐น๐น๐ ๐๐ฟ๐ผ๐ฝ๐ฝ๐ฒ๐ฑ ๐๐ผ $๐ฌ ๐ผ๐ป ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ฒ โ ๐๐ป ๐จ๐ป๐ฏ๐ฒ๐น๐ถ๐ฒ๐๐ฎ๐ฏ๐น๐ฒ ๐๐๐ฒ๐ป๐
According to data on Binance, the price of the two major altcoins officially hit $0 during yesterday's massive drop.
The cryptocurrency market was shaken by sharp declines on Binance early this morning. Many altcoins briefly lost over 90% of their value. IoTeX ($IOTX ), in particular, briefly dropped to $0, while Cosmos ($ATOM ) similarly plummeted to zero.
BitMEX co-founder Arthur Hayes offered a critical assessment of the crash. He stated that market rumors suggest that the sudden drop was triggered by the automatic liquidation of collateral tied to cross-margined positions by some major centralized exchanges (CEX).
โWord on the street is that many altcoins fell sharply as major CEXs automatically liquidated collateral tied to cross margin positions. Congrats to those who bought on the dip, we won't see these levels again for a long time.โ
According to experts, such sudden โflash crashesโ are typically caused by a lack of liquidity, algorithmic trading, and the chain liquidation of leveraged positions. Hayes's statements suggest that this market crash may have been caused by an automated liquidation chain rather than a systematic error or manipulation.
#CryptoCrisis #crashmarket #ATOMCrashed #IOTXcrashed
According to data on Binance, the price of the two major altcoins officially hit $0 during yesterday's massive drop.
The cryptocurrency market was shaken by sharp declines on Binance early this morning. Many altcoins briefly lost over 90% of their value. IoTeX ($IOTX ), in particular, briefly dropped to $0, while Cosmos ($ATOM ) similarly plummeted to zero.
BitMEX co-founder Arthur Hayes offered a critical assessment of the crash. He stated that market rumors suggest that the sudden drop was triggered by the automatic liquidation of collateral tied to cross-margined positions by some major centralized exchanges (CEX).
โWord on the street is that many altcoins fell sharply as major CEXs automatically liquidated collateral tied to cross margin positions. Congrats to those who bought on the dip, we won't see these levels again for a long time.โ
According to experts, such sudden โflash crashesโ are typically caused by a lack of liquidity, algorithmic trading, and the chain liquidation of leveraged positions. Hayes's statements suggest that this market crash may have been caused by an automated liquidation chain rather than a systematic error or manipulation.
#CryptoCrisis #crashmarket #ATOMCrashed #IOTXcrashed
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