Gate News bot message, Gate market display, BTC drops below 76,000 USDT, current price 75,964.9 USDT.
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BTC、ETH 创 2 月 5 日以来高点，多位分析师看多后市
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On March 17th, Bitcoin touched $75,912 at one point but subsequently pulled back to $74,372, indicating that selling pressure remains. Mainstream crypto assets posted widespread gains for the week, with Ethereum up 13.3%. Market analysis indicates that recent gains have been primarily driven by the derivatives market, with institutional capital inflows supporting the market. However, uncertainty in macroeconomic policy will impact subsequent price movements.
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MetaPlanet Moves $368.3M Worth of Bitcoin After 3-Month Dormancy
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In the past 24 hours, liquidations across the network reached $392 million, with short position liquidations accounting for over 60%.
Gate News, on March 17th, according to CoinAnk data, the entire network liquidated $392 million in the past 24 hours. Among these, long positions liquidated approximately $144 million, short positions liquidated approximately $248 million, with short position liquidations accounting for 63% of the total. By cryptocurrency, Bitcoin liquidations were approximately $147 million, and Ethereum liquidations were approximately $115 million.
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