📉 Crypto Markets Slump – BTC, ETH & XRP Lose Support as Downside Pressure Builds
Bitcoin, Ethereum and XRP have all fallen as the broader crypto market weakens amid macro pressure, tariff shock and massive leveraged liquidations. Prices dropped below key support levels and market cap slid to near yearly lows, triggering fear and accelerating selling.
Key Highlights:
🔻 Bitcoin slipped below $65,000, dragging major altcoins lower.
📉 Ethereum and XRP also fell sharply, reflecting strong correlation across the crypto market.
💸 Roughly $459M in leveraged positions were liquidated in 24 hours, intensifying selling.
📊 Total crypto market cap dropped toward $2.17T, near recent lows.
Expert Insight:
Market direction now hinges on whether Bitcoin can hold support near $62K – $65K. A reclaim above resistance could signal stabilization, while further breakdown would prolong downside pressure.
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