COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin Plummets as Market Faces Heavy Liquidations
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Bitcoin Plummets as Market Faces Heavy Liquidations
Bitcoin (BTC)

Bitcoin Plummets as Market Faces Heavy Liquidations

In Brief

  • Bitcoin's price fell below $90,000 due to market sell-offs.

  • US economic data and upcoming inflation reports raise concerns.

  • XRP Coin remains strong amidst widespread losses in altcoins.

İlayda Peker
İlayda Peker 5 months ago
Share
SHARE

As the article was prepared, the king of cryptocurrencies, Bitcoin $105,540, has dipped below $90,000, triggering significant liquidations in altcoins. The rapid sell-offs have intensified following a negative opening in US markets, leading Bitcoin to plummet further.

Bitcoin Declines

Recent US economic data has worsened the macroeconomic outlook. Moreover, it is anticipated that billions of dollars worth of Silkroad Bitcoin, which the US government received permission to sell before Trump’s inauguration, will be sold in the upcoming five days. Additionally, inflation data expected this week is projected to show an increase, with market expectations suggesting inflation could approach 3% compared to the previous month.

Due to the bearish opening in US markets, the price of Bitcoin has declined to $89,256 at the time of writing. In the altcoin market, losses have exceeded 10%, with the only strong performer being XRP Coin. In the last hour alone, liquidations have amounted to a total of $137 million.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Texas Commits Boldly with First Publicly Funded Bitcoin Reserve

Bitcoin’s Surging Value Triggers Massive Liquidation

Swissblock Warns on Bitcoin’s Liquidity Struggles Affecting Its Value

Global Tensions Push Bitcoin Below $100,000 – What Happens Next?

Bitcoin Defies Peak Predictions and Continues Bullish Run

İlayda Peker 13 January, 2025 - 5:45 pm 13 January, 2025 - 5:45 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Jamie Dimon’s Bold Statements Spark Speculation on Bitcoin’s Value
Next Article Trump Engages Crypto Leaders for Strategic Council Formation
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Fed Predicted to Cut Rates as Economic Signals Shift
Ethereum (ETH)
Bitcoin Stirs Anticipation as Market Dynamics Shift
Technical Analysis
Exciting Developments in Crypto: Powell’s Statements and Chainlink-Mastercard Collaboration
Cryptocurrency News
Discover Exciting Developments in the Crypto Landscape Today
Binance
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?