Bitcoin Falls Below $75,000, Drags Ethereum, XRP, Dogecoin 5% Lower
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Bitcoin Falls Below $75,000, Drags Ethereum, XRP, Dogecoin 5% LowerBitcoin plunged below $75,000, triggering $1.2B in liquidations as ETF outflows and macroeconomic concerns intensified crypto market pressure
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Key points of the news: Bitcoin fell below $74,000 on Monday and touched a minimum of several months near $73,500, while the crypto market lost more than $80 billion. Ethereum and XRP also retreated, with the previous snapshot placing ETH close to $2,100 and XRP below $1.10. CoinMarketCap showed ... Read more
Bitcoin Falls Below $74,000 as Ethereum Leads $1.1B Wipeout Bitcoin News ETHNews
Crypto liquidations reached $1.11 billion, with bullish positions absorbing most of the damage during a concentrated selloff. Ethereum suffered disproportionate forced selling, revealing greater vulnerability in its leveraged derivatives market. Regulatory uncertainty, the Binance security breach and expectations of tighter U.S. monetary policy have weakened investor confidence. Bitcoin fell below $74,000 on November 9 as regulatory uncertainty,…
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