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9 days agoBitcoin drops to $88,000 as liquidations surge and crypto market loses $80 billion
Bitcoin slipped to a five day low of $88,000 after failing to sustain its brief move above $90,000, triggering sharp risk-off sentiment across crypto markets. Over $500 million in positions were liquidated within a day as major altcoins including Ethereum, XRP, Solana, DOGE and ADA recorded sizable declines. Market capitalization dropped by nearly $80 billion as traders reacted to renewed volatility, fading momentum and increasing sell pressure following multiple unsuccessful attempts by Bitcoin to reclaim higher resistance zones.
neutral
9 days agoBitcoin drops to $88,000 as liquidations surge and crypto market loses $80 billion
Bitcoin slipped to a five day low of $88,000 after failing to sustain its brief move above $90,000, triggering sharp risk-off sentiment across crypto markets. Over $500 million in positions were liquidated within a day as major altcoins including Ethereum, XRP, Solana, DOGE and ADA recorded sizable declines. Market capitalization dropped by nearly $80 billion as traders reacted to renewed volatility, fading momentum and increasing sell pressure following multiple unsuccessful attempts by Bitcoin to reclaim higher resistance zones.
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Bitcoin’s fall to $88,000 spurred over $500 million in liquidations, dragging major altcoins lower and wiping $80 billion from overall crypto market value.
Bitcoin slipped to a five day low of $88,000 after failing to sustain its brief move above $90,000, triggering sharp risk-off sentiment across crypto markets. Over $500 million in positions were liquidated within a day as major altcoins including Ethereum, XRP, Solana, DOGE and ADA recorded sizable declines. Market capitalization dropped by nearly $80 billion as traders reacted to renewed volatility, fading momentum and increasing sell pressure following multiple unsuccessful attempts by Bitcoin to reclaim higher resistance zones.
Bitcoin slipped to a five day low of $88,000 after failing to sustain its brief move above $90,000, triggering sharp risk-off sentiment across crypto markets. Over $500 million in positions were liquidated within a day as major altcoins including Ethereum, XRP, Solana, DOGE and ADA recorded sizable declines. Market capitalization dropped by nearly $80 billion as traders reacted to renewed volatility, fading momentum and increasing sell pressure following multiple unsuccessful attempts by Bitcoin to reclaim higher resistance zones.
Dec 6, 2025 • 06:00