Crypto Prices Extend Decline: Investor Jitters as Bitcoin Cracks $80K

• In the last 24 hours, the crypto market suffered over $600 million in liquidations
• Bitcoin fell below $80k, and leads the liquidations with $232 million
• XRP, Solana, and meme coins like DOGE experienced declines as well

Despite what many expected, the crypto market isn’t doing all that great at the moment. The cryptocurrency market experienced over $600 million in liquidations during the last 24 or so hours. Bitcoin is the leader here with $232 million, followed by Ethereum’s $111 million liquidation.

This may or may not come as a surprise considering Donald Trump’s recent crypto summit was held only a few days ago, and it was believed that hype around that event would give a boost to cryptocurrencies, Bitcoin specifically. 

Speaking of Bitcoin, the cryptocurrency fell below $80k, which was likely a reason for even more sell-offs. 

Altcoins Also Hit Hard

Other cryptocurrencies didn’t fare any better. Ethereum endured big losses, subsequently dipping below $2k. XRP and Solana are also part of the affected group, as XRP’s liquidations were around $32 million, while Solana’s were slightly smaller at $28 million.

Meme coins didn’t escape…

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