Over the past 24 hours, the cryptocurrency world saw liquidations spike above $335 million as total market capitalization dropped 2.4%, sliding down to roughly $2.16 trillion. Bitcoin, Ethereum, XRP, and most altcoins took a hit in sync with a widespread risk-averse mood gripping global financial markets.
Bitcoin slipped beneath a key support level, dragging Ethereum and XRP prices lower. This sudden downturn reflects heightened uncertainty, reflecting not just crypto-specific factors but broader geopolitical tensions affecting investor sentiment.
