Bitcoin$BTC dropped below $70,000 as a stronger U.S. dollar, higher expectations of Fed rate hikes, and Middle East tensions pushed investors away from riskier assets.
The broader crypto market also fell: ETH$ETH slipped under $2,000, while XRP,$XRP SOL, and several smaller tokens declined. The sharp move triggered over $1.3 billion in futures liquidations, mostly from traders betting on higher prices.
The broader crypto market also fell: ETH$ETH slipped under $2,000, while XRP,$XRP SOL, and several smaller tokens declined. The sharp move triggered over $1.3 billion in futures liquidations, mostly from traders betting on higher prices.
