Bitcoin's maximum drop reached 7.5% in 2 hours, and many popular altcoins fell by more than 15%

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Cointime2023/12/11 02:51

By:Cointime

On December 11th, according to market data, Bitcoin's maximum drop in 2 hours reached 7.5%, and several popular altcoins dropped by more than 15% in a short period of time. Among them:

ORDI's maximum drop in 2 hours reached 20.87%, now priced at $47.2;

BLUR's maximum drop in 2 hours reached 20.6%, now priced at $0.47;

RUNE's maximum drop in 2 hours reached 18.5%, now priced at $6.02;

GALA's maximum drop in 2 hours reached 17.36%, now priced at $0.03;

STX's maximum drop in 2 hours reached 17.91%, now priced at $0.91;

AVAX's maximum drop in 2 hours reached 15.67%, now priced at $35;

NEAR's maximum drop in 2 hours reached 14.86%, now priced at $2.33;

DOT's maximum drop in 2 hours reached 14.5%, now priced at $6.7;

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA•2025/09/12 06:14