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Crypto Markets Fall as Bitcoin Drops 2.5% and Liquidations Near $200 Million

Crypto Markets Fall as Bitcoin Drops 2.5% and Liquidations Near $200 Million

The selloff continues as tensions in the Middle East rise and the Department of Homeland Security remains partially shut down.

Crypto markets slipped further on Wednesday, Feb. 18, as political and macroeconomic uncertainty continued to weigh on sentiment.

Bitcoin (BTC) is trading at $66,344, down 2.5% over the past 24 hours, while Ethereum (ETH) is at $1,953, down 2.3%. Separately, Founders Fund, a venture firm tied to billionaire Peter Thiel, disclosed it had exited its entire 7.5% stake in Ethereum treasury company ETHZilla Corp. last year, according to a recent SEC filing.

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Other large-cap tokens were also lower, with BNB down 2% near $610, XRP down 3% to $1.44, and Solana (SOL) down 4.5% to $81.

Meanwhile, the total cryptocurrency…

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