Crypto Market Liquidations Hit Highest Level in a Week

Bitcoin and other top crypto prices were seen experiencing uniform movements on Friday (July 5, 2024). The majority of top cryptos were seen back in the red zone.

Based on data from Coinmarketcap, the crypto with the largest market capitalization, Bitcoin (BTC) is still weakening. Bitcoin fell 5.13 percent in 24 hours and 7.18 percent in a week.

Currently, the price of Bitcoin is at USD 57,142 or equivalent to IDR 934 million (assuming an exchange rate of IDR 16,346 per US dollar).

Ethereum (ETH) also weakened. ETH fell 6.97 percent in the past day and 11.03 percent in the week. With that, ETH is currently at the level of Rp 50.08 million per coin.

The next crypto, Binance coin (BNB) is still plummeting. In the last 24 hours BNB has dropped 7.73 percent and 11.51 percent a week. This makes BNB priced at IDR 8.39 million per coin.

Then Cardano (ADA) is still in the red zone. ADA has corrected 10.79 percent in the last 24 hours and 7.12 percent a week. That way, ADA is at the level of Rp 5,931 per coin.

Meanwhile, Solana (SOL) has plunged again. SOL has fallen 9.37 percent in a day and 14.65 percent in a week. Currently, the price of SOL is at Rp 2.08 million per coin.