On the eve of March 22, the bitcoin rate rose to almost $29,000. However, after the announcement of the US Federal Reserve System (FRS) to increase the rate, the cost of the first cryptocurrency collapsed to $27,000. Most altcoins also fell in price.
67,615 trader positions have been liquidated in the last 24 hours, the platform reports:
“The largest liquidation order occurred on Bitmex – XBTUSD for almost $7.39 million.”
It also closed 68,800 orders for $132 million in bitcoin and more than $51 million in ether.
According to Coinglass, OKX has the most positions closed at 37%. Binance is in second place with 26%. Then Bybit – 13.6%.
The day before, a member of the US House of Representatives, Cody Harris, introduced a bill aimed at protecting the rights of bitcoin owners and miners in the state of Texas. No local resident should be deprived of the right to own and store bitcoins, Harris argues.
On Wednesday evening, the US Securities and Exchange Commission (SEC) warned crypto exchange Coinbase that it could take action against it for selling unregistered securities.
Source: Bits
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