Why Is Crypto Crashing Today? Bitcoin Dips to $92K, Gold Hits New All-Time High
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- Bitcoin fell by 2.8% as leveraged positions unwound during thin liquidity.
- U.S. tariff threats against Europe triggered a global risk-off move.
- Investors shifted toward traditional assets as gold and silver hit record highs.
Cryptocurrency prices fell on Monday as Bitcoin dropped to $92,400. The decline followed renewed U.S.-EU tariff tensions and heavy unwinding of leveraged positions. Thin liquidity also amplified losses across digital assets.
Bitcoin Leads Crypto Sell-Off as Risk Sentiment Turns
Bitcoin fell by 2.8% over the past day, retreating from recent highs above $96,000. At the time of writing, it is trading at $92,427, eroding the gain it recorded in the past week.
The decline triggered a broad sell-off across the crypto market. Ethereum dropped nearly 4% to about $3,193, while XRP fell more than 4.6% to around $1.96. Solana slid nearly 7%, and se…
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