The Crypto Market Experienced a Short-Term Sharp Decline, Breaking Below the $4 Trillion Mark, with $1 Billion in Liquidations Across the Board in Just 1 Hour

BlockBeats News, September 22. According to HTX market data, the cryptocurrency market experienced a short-term sharp decline. Bitcoin fell over 2.5% in 5 minutes, reaching a low of $111,800 and is now trading at $112,800. Ethereum briefly dropped to $4,077 and is now at $4,149. SOL saw a sharp decline to $214.50 and is now at $222.

The total cryptocurrency market capitalization has expanded its 24-hour decline to 3.2%, falling below the $4 trillion mark. In the past hour, the total value of liquidated positions across the entire network has increased to $1.1 billion, with long positions liquidated totaling $1.029 billion.