Bitcoin dropped to $77,816.41 after a $200 million liquidation swept through the crypto market in just one hour, with altcoins like Ethereum and Solana also posting steep losses. The market-wide decline, marked by Bitcoin’s fall from $83,778.12 to $76,752.66, highlights the volatility of cryptocurrencies and the risks of leveraged trading, leaving investors on edge.
Tag: market crash
Bitcoin, the world’s largest cryptocurrency by market capitalization, has plummeted over 10% in a single day, pressured by a global stock market downturn that has reverberated through the cryptocurrency sector. Dropping below $50,000 for the first time since February, Bitcoin reached a low of $48,126 at 08:41 GMT on Monday, though it has since seen a modest recovery.
