Bitcoin Returns to Low Range Volatility as US Stock Crypto Plays Simultaneously Decline
BlockBeats News, March 20th, according to an exchange market data, Bitcoin returned to trading in a low range, currently at $70,071, a 1.51% decrease in the past 24 hours. A total of $407 million was liquidated across the network in the past 24 hours, with $307 million in long liquidations and $100 million in short liquidations.
According to Bitget market information, the three major U.S. stock indexes all closed down, with the Dow down 0.4%, the Nasdaq and the S&P 500 both down 0.28%. Most of the crypto concept stocks fell, with MSTR down 1.65%, BMNR down 1.26%, and CRCL down 3.4%.
Additionally, after the U.S. Treasury Department announced the issuance of a new general license related to Russia, WTI crude oil fell below $94 per barrel, dropping more than 1% intraday.
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