Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins.
The crypto market experienced a significant downturn, with Bitcoin dropping 2.5% to $62,300 and Ether falling over 4%. This decline was exacerbated by a Nasdaq tech selloff, leading to $717 million in liquidations across various altcoins, amplifying overall market losses.
Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.