Cryptocurrencies saw huge losses on Thursday, with Bitcoin plummeting by over 9% on the day. Many crypto traders are already calling the sudden drop a flash crash. Bitcoin and crypto prices have moved sharply lower, diving along with a stock market sell-off sparked by the surging popularity of China-based artificial intelligence app DeepSeek. The bitcoin ... The crypto market is in a significant surrendering phase, with Ethereum and Bitcoin experiencing sharp declines. The key market factors include political uncertainty, geopolitical tensions ... Today’s drawdown in crypto prices has seen TOTAL—the combined market capitalization of all cryptocurrencies—lose key support provided by the 50 simple moving. Bitcoin dropped to $96,909, marking an over 5% decline in the past 24 hours. The sharp correction saw over $$483.44M in long positions liquidated within just 24 hours, according to Coinglass data....
Why is the crypto market down today? Bitcoin, Ethereum, and XRP drop amid bearish sentiment, liquidation spikes, and macroeconomic concerns. The cryptocurrency market is a significant pullback, as Bitcoin and major altcoins face sharp declines. The downturn comes on the heels of a broader stock market sell-off and mounting investor uncertainty. Crypto news narrative shows heightened interest ahead of the U.S. Federal Reserve’s upcoming policy meeting. As a result, the total crypto market cap has. Bitcoin dropped to $96,909, marking an over 5% decline in the past 24 hours. The sharp correction saw over $$483.44M in long positions liquidated within just 24 hours, according to Coinglass data....
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