The first cryptocurrency fell sharply to $ 62.8 thousand after updating the maximum at around $ 69 thousand.This happened after information appeared about the non-payment of bonds by the Chinese developer Evergrande
On the evening of November 10, the bitcoin rate fell by 9%, to $ 62.8 thousand. The cost of the first cryptocurrency dropped sharply after it renewed its historical maximum at around $ 69 thousand. As of November 11, 9:40 Moscow time, the asset is traded at $ 64, 8 thousand, over the past day it has fallen in price by 2%.
A sharp decline in quotations led to the liquidation of margin positions of crypto-exchange users in the amount of $ 693 million per day, according to Bybt. A total of 172 thousand traders were forcibly closed deals, the largest losses fell on pairs with bitcoin – $ 193 million.
Yesterday there was news about a possible default of the Chinese developer China Evergrande Group. Failure to pay interest on bonds could lead to the default of the company, against which the financial markets corrected. For example, the American S&P 500 index fell 0.82% to 4646.71 points. However, later it was reported that the payment was made.