{"id":15807,"date":"2024-08-03T11:26:07","date_gmt":"2024-08-03T08:26:07","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-falls-below-62000-ethereum-dips-under-3000\/"},"modified":"2024-08-03T11:26:07","modified_gmt":"2024-08-03T08:26:07","slug":"bitcoin-falls-below-62000-ethereum-dips-under-3000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bitcoin-falls-below-62000-ethereum-dips-under-3000\/","title":{"rendered":"Bitcoin Falls Below $62,000; Ethereum Dips Under $3,000"},"content":{"rendered":"

In the early hours of Saturday, August 3, the price of the leading cryptocurrency fell below $62,000, losing 4.2% over the past 24 hours.<\/p>\n

\"Snimok-ekrana-2024-08-03-v-10.30.18\"
Daily chart of BTC\/USDT on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

At the time of writing, Bitcoin is trading at $61,750.<\/p>\n

The second-largest cryptocurrency by market capitalization fell below the psychological threshold of $3,000 for the first time since July 8, losing 5% in a day.<\/p>\n

\"Snimok-ekrana-2024-08-03-v-10.33.07\"
Daily chart of ETH\/USDT on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

Most digital assets in the top 10 by market capitalization have entered the “red zone.” Toncoin and Solana saw the largest losses over 24 hours, dropping 6.5% and 5.5%, respectively.<\/p>\n

\"Snimok-ekrana-2024-08-03-v-10.31.59\"
Data: CoinGecko<\/a>.<\/figcaption><\/figure>\n

The total market capitalization of digital assets stands at $2.3 trillion.<\/p>\n

According to Coinglass<\/a>, the total volume of liquidated positions over the past day amounted to $289 million, with $247 million in long positions.<\/p>\n

\"Snimok-ekrana-2024-08-03-v-11.18.32\"
Liquidation map. Data: Coinglass.<\/figcaption><\/figure>\n

The Fear and Greed Index has fallen to 37<\/a>, indicating growing panic in the market.<\/p>\n

\"Snimok-ekrana-2024-08-03-v-11.24.06\"
Fear and Greed Index. Data: Alternative.<\/figcaption><\/figure>\n

Back on July 31, the Fed<\/span> maintained its key rate. In response, Bitcoin showed a modest correction to $66,400.<\/p>\n

On August 1, the leading cryptocurrency fell below $63,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

In the early hours of Saturday, August 3, the price of the leading cryptocurrency fell below $62,000, losing 4.2% over the past 24 hours. Daily chart of BTC\/USDT on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $61,750. The second-largest cryptocurrency by market capitalization fell below the psychological threshold of $3,000 […]<\/p>\n","protected":false},"author":1,"featured_media":15806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480],"class_list":["post-15807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=15807"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/15807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/15806"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=15807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=15807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=15807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}