XRP and Cardano among top losers, BTC plunges below $80K for first time in four months
- The global crypto market fell another 7% on Friday amid growing inflation concerns.
- Bitcoin (BTC) price declined below $80,000 for the first time since November 2024.
- Ripple (XRP), Cardano (ADA) and Chainlink (LINK) were among the hardest-hit assets.
- Mantra (OM) defied bearish headwinds, gaining 3% on the day.
Bitcoin market updates:
- Bitcoin price fell as low as $78,335 on Friday, its lowest in four months dating back to last November.
- Bitcoin ETFs saw another $275 million in withdrawals, making it eight consecutive days of outflows.
Crypto Market Liquidations | Source: Coinglass
- In the last 24 hours, Bitcoin derivatives market liquidations reached $485 million, according to Coinglass…
