Wild Bitcoin (BTC), Ether (ETH) Price Swings Amid Spot Ethereum ETF Decision Triggers $350M Crypto Liquidations

By Exposed Defi On May 24, 2024

Bitcoin (BTC) saw a similarly hectic episode sinking to the low-$66,000s, then spiking to $68,300 before paring gains below $68,000. However, ETH performed stronger, advancing 1.5% over the past 24 hours, compared to BTC’s almost 3% decline during the same period. The broad-market CoinDesk 20 Index was down 1.6% during the day.