In Volatile Markets, LBank Will Be Your Safe Harbor Through Major Market Movements
Guest Author: Rachel The crypto world once again faces an extremely sorrowful night, as crashes always come in the deep of night. On the evening of April 22nd, ETH led numerous ecosystem tokens under its umbrella to rally, reaching a new high of $2,644, which was thought to be leading a charge toward even higher bull market territory. However, starting at 1 AM on the 23rd, the crypto market collectively plummeted, with mainstream coins falling over 10%, and the futures market becoming a bloodbath. As of 6 PM on the 23rd, liquidations exceeded $3 billion in less than 24 hours. In hindsight, we realize that this year's "3.12" actually occurred on the lunar calendar.