Bittensor, Mantle, and Aster lead losses as the crypto market bleeds $770 million
Bittensor (TAO), Mantle (MNT), and Aster (ASTER) are leading losses over the last 24 hours as the broader cryptocurrency market bleeds over $770 million. The pullback in TAO, MNT, and ASTER threatens key support levels as bearish momentum gains strength, risking further losses.
Crypto market suffers another bearish cut
Waves of heightened liquidation spikes, primarily long liquidations, in the cryptocurrency market underline rising volatility and bearish dominance. CoinGlass data shows that $772 million worth of open contracts suffered forced liquidation in the last 24 hours, with $62.62 million of long liquidation outpacing $309.54 million of short liquidation losses.
Crypto market liquidations data. Source: CoinGlass
Driving the…
