Bitcoin has fallen below $98,000, while Ethereum, Solana, and Cardano have each dropped by 8% amid significant liquidations of bullish positions. The recent decline in Bitcoin’s value has coincided with the liquidation of $880 million in bullish bets, indicating a shift in market sentiment. Investors in Ethereum, Solana, and Cardano are also experiencing losses, reflecting a broader downturn in the cryptocurrency market. This situation highlights the volatility of digital assets and the potential risks associated with leveraged trading.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
Related: More from Bitcoin News | BTC Targets $69K Amid Stock Rally, Ignoring Iran Strikes in Bitcoin | Anthony Pomplianos ProCap Buys 450 BTC, Boosts Share Repurchases in Bitcoin
