Crypto Market Faces Decline Amid Nasdaq Tech Selloff
The cryptocurrency market is experiencing a downturn, with Bitcoin dropping 2.5% to $62,300 and ether declining over 4%, as $717 million in liquidations exacerbate losses.
Editorial Staff
1 min read
Updated 2 days ago
The recent selloff in the Nasdaq has extended its impact into the cryptocurrency sector, leading to significant price drops.
Bitcoin has decreased by 2.5%, bringing its price down to $62,300, while ether has seen a more substantial decline of over 4%.
Additionally, the market has faced $717 million in liquidations, which has intensified losses across various altcoins.