
The cryptocurrency market faced a sharp decline on Sunday evening, mirroring a drop in stock futures.
Bitcoin led the downturn, falling from over $105,000 to around $101,000, with Ethereum dropping from $3,340 to below $3,200. Dogecoin saw a significant dip of over 7%. The total liquidations in the crypto space were substantial, amounting to $400 million in just four hours, primarily from long positions.
Read more » Cryptocurrency Price Crash: Bitcoin down to $98,000 from $105,000