Bitcoin
Bitcoin plunges to $80k amid ongoing volatility
Bitcoin’s price plummeted to $80,052 late Sunday night, marking a 7% decline over the past 24 hours as uncertainty surrounding U.S. President Donald Trump’s economic policies continues to ripple through the market.
At the time of writing, Bitcoin is trading at approximately $82,200.
The overall cryptocurrency market experienced a 7% drop, reducing its valuation to $2.77 trillion.
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Solana and XRP both recorded 7% losses, while Ethereum fell 8%, trading near the $2,000 mark. Despite the downturn, Bitcoin’s dominance remains steady at 58.2%.
The market’s decline has triggered significant liquidations, with Coinglass data reporting $616 million in liquidations over the past 24 hours, according to crypto.news price tracker.
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