Bitcoin and Ethereum fall in cost amid $605 million liquidations

15:01 - 28.07.2026


July 28, Fineko/abc.az. The value of the largest cryptocurrencies, Bitcoin and Ethereum, has declined.

According to Binance, Bitcoin dropped by 2.75% to $63,490 and Ethereum by 4.22% to $1,880.

The total capitalization of the crypto market on July 28 reached $2.17 trillion, of which Bitcoin accounted for $1.27 trillion (58.6%) and Ethereum for $227.1 billion (10.5%).

Over the course of the day, crypto exchanges liquidated positions by more than 137,000 traders worth $604.9 million. Most of the liquidations were long positions worth $531.7 million.