{"id":151850,"date":"2025-02-25T11:29:52","date_gmt":"2025-02-25T09:29:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=151850"},"modified":"2025-02-25T11:29:52","modified_gmt":"2025-02-25T09:29:52","slug":"bitcoin-plunges-below-90k-as-crypto-market-sees-1-36b-in-liquidations","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-plunges-below-90k-as-crypto-market-sees-1-36b-in-liquidations\/","title":{"rendered":"Bitcoin Plunges Below $90K as Crypto Market Sees $1.36B in Liquidations"},"content":{"rendered":"

The downturn wiped out significant value across the crypto market, bringing the total market cap down to $2.89 trillion, a 7.42% decline within the same period.<\/p>\n

Ethereum<\/a><\/strong> faced even steeper losses, plunging 11.6% to $2,385, with its market cap now standing at $287.7 billion. Trading activity surged as Bitcoin<\/a><\/strong> recorded $64.5 billion in volume, while Ethereum saw $36.3 billion.<\/p>\n

The market turbulence led to widespread liquidations<\/a><\/strong>, with $1.36 billion erased in the past day. Long positions suffered the most, accounting for $1.26 billion of the total, while short positions saw $98.75 million in losses.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

Bitcoin’s Path to a New All-Time High: Strategist Predicts $126,000 by April<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Raydium (RAY<\/a><\/strong>) emerged as the worst-performing asset, plunging 20.3% in the past 24 hours and 44% over the past week, currently trading at $2.44.<\/p>\n

The sharp downturn has fueled concerns about whether this is the start of a deeper correction or a temporary setback before the market stabilizes. Traders are now closely watching key support levels to gauge the next move.<\/p>\n

The 1-day technical analysis from TradingView shows a very bearish sentiment \u2013 the summary and oscillators point to \u201csell\u201d with 14 and 2 signals, respectively, whilte the moving averagas show \u201cstrong sell\u201d at 12.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin tumbled below the $90,000 mark, hitting $88,900 after a sharp 7% drop in the past 24 hours.<\/p>\n","protected":false},"author":3,"featured_media":132451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,271],"coin_category":[],"class_list":["post-151850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-ethereum"],"acf":[],"yoast_head":"\nBitcoin Plunges Below $90K as Crypto Market Sees $1.36B in Liquidations<\/title>\n<meta name=\"description\" content=\"Bitcoin tumbled below the $90,000 mark, hitting $88,900 after a sharp 7% drop in the past 24 hours.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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