Bitcoin Quickly Plunges Below $103K, With Volatility Burst Spurring $450M in Crypto Liquidations

Bitcoin Quickly Plunges Below $103K, With Volatility Burst Spurring $450M in Crypto Liquidations


What started as a positive day for crypto markets quickly reversed during the U.S. session with bitcoin

sliding below $103,000 from the $106,500 level just hours earlier.

At press time, bitcoin had pared some of the losses, returning to $103,200, down 1.2% over the past 24 hours.

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Other large cryptocurrencies endured steeper declines. Ethereum’s ether

saw a sharp 4.5% drop in just 90 minutes to

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