Why Are Bitcoin, Ethereum And XRP Prices Crashing Today?

Why Is Crypto Down Today? Bitcoin, Ethereum, XRP and Dogecoin Slip After $400M Liquidation Wave

Crypto prices fell today (Wednesday) after a 20-minute sell-off in bitcoin wiped out more than $400 million in leveraged long positions. Bitcoin (BTC) dropped 1.6% to $84,218 on Binance by 07:01 UTC, while ether lost 3%, XRP 1.5% and Dogecoin 3.1% on Bitstamp.The flush hit between about 01:45 and 02:10 UTC, according to CoinGlass liquidation data.It came as Brent crude climbed back above $101 a barrel and the 10-year Treasury yield rose to about…

Bitcoin Price Slips Below $84K as 20-Minute Flush Erases $400M in Longs

Bitcoin dropped about $1,765 in roughly 20 minutes early Wednesday, sliding under $84,000 and taking more than $400 million in leveraged long bets with it, three days before the anniversary of crypto’s worst liquidation day. The 20 Minutes The descent started quietly at 01:45 UTC on Oct. 7, with a fifteen-minute stretch seeing BTC slip […]

Bitcoin Drops Below $84,000 as Crypto Liquidations Top $400 Million

Bitcoin fell $1,600 in about 15 minutes, while Ether and XRP also declined as leveraged long positions were liquidated.

Why Are Bitcoin, Ethereum And XRP Prices Crashing Today?

The post Why Are Bitcoin, Ethereum And XRP Prices Crashing Today? appeared first on Coinpedia Fintech News Bitcoin fell $1,600 in about 15 minutes and dropped below $84,000, according to market trackers, and is now trading near $84,195, down 2.1% over 24 hours. Ethereum is at $2,613.53, down 3.5%, and XRP is at $1.47, down 2.7%. BNB lost 2.3% and Solana 1.9%. More than $400 million in long positions were liquidated within …