Amid the turmoil in the cryptocurrency market, the prices of Bitcoin and Ethereum have fluctuated violently in just two weeks, triggering a staggering liquidation of more than $700 million across the entire network. Bitcoin prices fell to $61,500, a new low, while Ethereum also hit a price of $3,150. This series of events not only put investors into panic, but also raised concerns about the future trend of the cryptocurrency market. Let’s dive into this market turmoil to uncover the reasons and possible impacts.

The cryptocurrency market has always been a volatile space. As one of the most representative cryptocurrencies, Bitcoin's price fluctuations have attracted the attention of global investors. When the price of Bitcoin fell to $61,500, many investors were forced to face the risk of liquidation, and capital losses were inevitable. This unexpected incident once again highlighted the high risk and uncertainty of the cryptocurrency market. While pursuing high returns, investors also bear huge risks and need to be cautious in dealing with the challenges brought about by market fluctuations.

Ethereum, another major cryptocurrency giant, also plunged the market into chaos as its price hit $3,150. Ethereum has always attracted much attention as a smart contract and decentralized application platform. However, the dramatic price swings have caused investors to re-evaluate their investment strategies for Ethereum. As market sentiment fluctuates, investors need to remain calm, respond to market changes rationally, and avoid blindly following the trend and impulsive trading to avoid irreparable losses.

The entire network's liquidation of more than 700 million US dollars has plunged the entire market into a state of panic. Investor confidence has been severely hit, and market uncertainty has further intensified. Against this background, investors need to choose investment targets more carefully and establish reasonable risk control mechanisms to avoid capital losses due to market fluctuations. At the same time, regulators also need to strengthen supervision of the cryptocurrency market, protect the legitimate rights and interests of investors, and maintain the stability and healthy development of the market.

In this cryptocurrency market full of challenges and opportunities, investors need to remain rational and calm, choose investment targets prudently, build scientific investment portfolios, avoid market risks, and seize investment opportunities. The future of the cryptocurrency market is full of uncertainty, but it also contains huge potential for development. Only through continuous learning and practice can investors remain invincible in this ever-changing market and achieve wealth appreciation and preservation.

In the future cryptocurrency market, investors need to remain vigilant, constantly learn and improve their investment capabilities, grasp the pulse of the market, and seize investment opportunities. Only through constant practice and summary can investors remain invincible in this highly competitive market and achieve wealth appreciation and preservation. May investors overcome obstacles in this cryptocurrency market full of challenges and opportunities and achieve ideal investment returns!

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120bTC.COM) News: Bitcoin (BTC) began to fall continuously after pulling back as high as 65,000 US dollars at 01:00 today (20th). It reached the lowest at about 7 o'clock in the morning to 61,550 US dollars, once again writing two records. Weekly low.

Before the deadline, Bitcoin had reversed and was now trading at $62,969, down 6.08% in the past 24 hours. Whether the low point has been reached still requires more time to observe.

At present, the fund flow statistics of major spot ETFs have not been updated, but according to HODL15
Capital monitoring data shows that Grayscale GBTC once again outflowed US$444 million on March 19. Although it has slowed down from US$620 million on the 18th, the selling pressure is still high.

 Ethereum once hit $3,150 before pulling back

Ethereum (ETH) fell even more sharply, hitting a low of $3,150 this morning (20). It rebounded before the deadline and was now trading at $3,237, down 8.68% in the past 24 hours.

 Top 10 tokens generally fell

CoinMarkeCap data shows that the top ten currencies have generally fallen in the past 24 hours, with the largest increases being SOL and AVAX, which fell 12.18% and 11.58% respectively.

 The entire network liquidated $700 million in the past 24 hours

The downward trend of BTC has once again caused investors to suffer heavy losses. According to data from Coinglass, in the past 24 hours, the amount of cryptocurrency liquidation across the entire network exceeded US$700 million, and more than 222,000 people were liquidated.