Crypto Market Daily Updates | Cryptocurrency market experiences volatility, with Bitcoin fluctuating near $112,000; the UK and the US establish a task force to explore regulatory cooperation on digital assets.
News on September 23rd indicated volatility in the cryptocurrency market. As of the time of writing,$Bitcoin (BTC.CC)$ increased by 0.16%, trading at $112,828.62; $Ethereum (ETH.CC)$ rose by 0.03%, trading at $4,191.93.
According to a report by The Block, citing data from Coinglass, the total liquidations across all cryptocurrency exchanges over the past 24 hours reached $1.7 billion, including $1.616 billion in long positions liquidated. In just the past four hours alone, approximately $1.09 billion was liquidated, which included around $1.06 billion in long positions. Liquidation occurs when a trader’s position in a particular market is forcibly closed due to significant losses or insufficient margin to meet maintenance margin…
