Why Is Crypto Crashing Today? Bitcoin Dips to $92K, Gold Hits New All-Time High
- Bitcoin fell by 2.8% as leveraged positions unwound during thin liquidity.
- U.S. tariff threats against Europe triggered a global risk-off move.
- Investors shifted toward traditional assets as gold and silver hit record highs.
Cryptocurrency prices fell on Monday as Bitcoin dropped to $92,400. The decline followed renewed U.S.-EU tariff tensions and heavy unwinding of leveraged positions. Thin liquidity also amplified losses across digital assets.
Bitcoin Leads Crypto Sell-Off as Risk Sentiment Turns
Bitcoin fell by 2.8% over the past day, retreating from recent highs above $96,000. At the time of writing, it is trading at $92,427, eroding the gain it recorded in the past week.
The decline triggered a broad sell-off…
