Major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin continued to fall Monday, triggering a wave of liquidations that topped $900 million over the past 24 hours.
Bitcoin dropped below $110,000 for the first time since early July, spearheading a market-wide swoon after a whale unloaded 24,000 BTC worth $2.7 billion on Sunday. The continued dive also comes amid fresh doubts about the prospects of an interest rate cut and other macroeconomic uncertainties.
The largest cryptocurrency by market value was recently trading at $110,441, down 2.2% over the past 24 hours. BTC is down more than 5% over the past week.
“The weekend whale sale may have sparked the initial downdraft, but the broader picture is one of thinning liquidity and…
Aug 26 2025
