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Bitcoin continues its long decline throughout the week, falling to its lowest level since July amidst renewed trade tensions between America and China and a strong outflow of capital from crypto funds, causing the market to witness another wave of large-scale liquidation.
According to data from CoinPhoton, the price of BTC has fallen more than 5% in the past 24 hours, hitting a low of 103,300 USD after trading around 112,000 USD earlier in the week. Ethereum also lost 9%, down to around 3,600 USD.
Meanwhile, BNB fell 11% to 1.048 USD, while XRP, Solana, Dogecoin, Tron, and Cardano all fell more than 7% during the same period.