Bitcoin, Ethereum and Dogecoin Dive as Crypto Liquidations Near $1 Billion
Major digital coins including Bitcoin, Ethereum, and Dogecoin plunged on Thursday, with liquidations over a 24-hour period closing in on $1 billion.
Bitcoin, the leading cryptocurrency, was recently down by nearly 4%, trading for under $109,700, CoinGecko data shows.
While Ethereum, the second biggest digital coin, dropped further—by 7.5%—and was trading for $3,879 Thursday afternoon New York time.
Other major cryptocurrencies were battered harder, with Dogecoin dropping by nearly 9%. The original meme coin and eighth-biggest digital asset was trading close to $0.23.
Solana has fallen about as hard on the day, dipping almost 9% to $196. Both SOL and DOGE are down about 21% over the last week alone, making them…
