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Crypto market tumbles: Bitcoin drops to $80K, altcoins sink amid liquidation frenzy
Crypto market tumbles: Bitcoin drops to $80K, altcoins sink amid liquidation frenzy
  • Bitcoin alone saw more than $1 billion in long positions wiped out, reflecting deep market uncertainty. 
  • XRP dropped nearly 6%, trading at $2.18 after touching a low of $2.09.
  • Solana (SOL) plunged 8% to $127.50, with an intraday range between $124.38 and $139.73.
The cryptocurrency market faced a sharp sell-off on Monday, with Bitcoin plunging to an intraday low of $80,000 and Ethereum shedding nearly 6%. The downturn comes despite recent pro-crypto developments in the US, including Donald Trump’s announcement of a strategic Bitcoin reserve. Investors remain on edge as major altcoins like Solana (SOL) and XRP also […]
March 10, 2025

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