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Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses

BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.

By Shaurya Malwa
Updated May 11, 2023, 5:26 p.m. Published Sep 14, 2022, 8:44 a.m.
Bitcoin fell 9% in the past 24 hours, the most among major cryptocurrencies, while ether dropped 6%, CoinDesk data shows. (Unsplash)
Bitcoin fell 9% in the past 24 hours, the most among major cryptocurrencies, while ether dropped 6%, CoinDesk data shows. (Unsplash)

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BTCBTC$115,365.51◢2.26%ETCETC$20.30◢5.88%LUNCLUNC$0.0₄5836◢3.46%