{"id":89186,"date":"2024-08-28T00:12:08","date_gmt":"2024-08-28T04:12:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89186"},"modified":"2024-08-27T23:12:53","modified_gmt":"2024-08-28T03:12:53","slug":"cryptocurrencies-tumble-amid-a-wave-of-liquidations-bitcoin-falls-under-60000","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2024\/cryptocurrencies-tumble-amid-a-wave-of-liquidations-bitcoin-falls-under-60000.html","title":{"rendered":"Cryptocurrencies tumble amid a wave of liquidations, bitcoin falls under $60,000"},"content":{"rendered":"\n<p>(CNBC) Cryptocurrencies fell Tuesday evening as Asia futures pointed lower, triggering a wave of liquidations on the Bybit exchange. The price of\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">bitcoin<\/a>\u00a0was last lower by 6.2% at $59,504.68, according to Coin Metrics.\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/ETH.CM=\/\">Ether<\/a>\u00a0tumbled more than 8% to $2,457.61. \u201cCrypto markets moved down sharply, triggering a leverage driven liquidation.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/08\/27\/crypto-market-today.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Cryptocurrencies fell Tuesday evening as Asia futures pointed lower, triggering a wave of liquidations on the Bybit exchange. The price of\u00a0bitcoin\u00a0was last lower by 6.2% at $59,504.68, according to Coin Metrics.\u00a0Ether\u00a0tumbled more than 8% to $2,457.61. \u201cCrypto markets moved [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89186","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89186"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89186\/revisions"}],"predecessor-version":[{"id":89187,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89186\/revisions\/89187"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}