XRP, SOL and ETH prices tumble as South Carolina moves to buy up to 1 million BTC
- Cryptocurrency market valuation plunged 4% to $2.7 trillion on Friday.
- South Carolina lawmakers revealed plans to invest up to 1 million BTC.
- Cronos emerges as the only top 40 ranked asset posting gains after the SEC dropped charges against crypto.
Bitcoin market updates:
- Bitcoin price tumbled below the $85,000 support on Friday, plunging as low as $84,200 at press time.
Crypto market liquidations | March 28
The losses sparked over $449 million in liquidations across the crypto derivatives markets.
- The United States (US) government was spotted moving 97 BTC and 884 ETH on Thursday, sparking mild speculations about potential sell-offs.
