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The crypto market is experiencing a significant downturn, with Bitcoin plummeting below $75,000 and major altcoins like XRP, SOL, and ETH dropping 15%.
This crash has resulted in $985 million in liquidations over the past 24 hours, sparking fears of instability due to rising interest rates and global trade tensions.
Major Cryptocurrency Losses
Bitcoin (BTC): Dropped to $77,338.50, marking a 7.23% decline.
Ethereum (ETH): Trading at $1,551.52, down 14.19%.
XRP: Fell to $1.81, reflecting a 14.52% decrease.
Binance Coin (BNB) and Solana (SOL): Experienced notable losses, with BNB down 6.51% and SOL declining by 13.96%
