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The bitcoin exchange rate dropped below the $65000 mark
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The bitcoin exchange rate dropped below the $65000 mark

Mar 17, 2024

On the morning of March 17, 2024, the bitcoin exchange rate at times fell below the $65,000 mark, while during the week there was a decrease of 4.4%. At the time of writing, the price has risen above $65,000, reaching its low point of $64,780, according to TradingView data.

After a significant decline on March 16, 2024, bitcoin's share in the cryptocurrency market partially recovered, reaching 53.6% at the time of writing.

Taking into account the new drop, the turnover of liquidations on futures contracts exceeded $555.38 million.

Almost all cryptocurrencies from the top 10 by capitalization are in the unprofitable zone.

Over the past 24 hours, the fear and greed index has fallen by two points, although it is still in the "green" zone.

The previous decline in the bitcoin exchange rate was recorded on March 15, 2024, while the volume of liquidations exceeded $ 680 million. As a result, net capital inflows into spot ETFs based on this asset have sharply decreased.

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