Cryptocurrency market: Clearing amount exceeds $2 billion, Bitcoin continues to decline

The cryptocurrency market has experienced significant fluctuations recently, with a total settlement amount exceeding $2 billion. The continuous decline in Bitcoin prices has driven Ethereum to a 4-month low. Market data shows that a large number of leveraged trades have been forcibly liquidated in the past 24 hours, further exacerbating market panic. Investors need to be vigilant about market volatility risks. （Decrypt）