- On the morning of March 17, the price of bitcoin fell to $64,780 at the moment.
- The drawdown for the week amounted to 4.4%.
- Liquidations exceeded $555 million.
On the morning of March 17, 2024, the bitcoin price was falling below $65,000 at the moment. The drawdown for the week is 4.4%.
At the time of writing, the asset has consolidated above $65,000. At the low point, the price was at $64,780, according to TradingView:
After a significant drop on March 16, 2024, the asset’s dominance index has regained some ground. At the time of writing, it has reached 53.6%.
Amid the new drawdown, liquidations on futures contracts exceeded $555.38 million:
Almost all crypto assets from the top 10 in terms of capitalization are in the red zone:
The Fear and Greed Index has fallen two points in the past 24 hours. Despite the drawdown, the indicator is still in the “green” zone:
The previous bitcoin rate drawdown was on March 15, 2024. At that time, the volume of liquidations exceeded $680 million. Against this background, net capital inflows into asset-based spot ETFs sharply decreased.
