Why is the crypto market falling?
- Broader crypto market trades in the red on Thursday, extending the sell-off sparked by heavy liquidations earlier this week.
- Bitcoin dips below $112,000, Ethereum slips below $4,000, and altcoins follow with further losses.
- The recent sell-off leads to over $400 million in liquidations amid sour market sentiment.
The cryptocurrency market extends its downturn on Thursday, with Bitcoin (BTC), Ethereum (ETH), and major altcoins slipping further after a wave of liquidations earlier in the week. More than $400 million in positions were wiped out in the past 24 hours, highlighting bearish sentiment among traders.
Why is the crypto market falling?
The overall cryptocurrency market trades in the red on Thursday, with major…