{"id":299481,"date":"2024-05-10T21:38:40","date_gmt":"2024-05-10T16:08:40","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=299481"},"modified":"2024-05-10T21:38:40","modified_gmt":"2024-05-10T16:08:40","slug":"bitcoin-crashes-by-2000-in-60-minutes-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-crashes-by-2000-in-60-minutes-crypto-news\/","title":{"rendered":"Bitcoin Crashes by $2,000 in 60 Minutes – Crypto News"},"content":{"rendered":"

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Ether drops below $3,000 as leveraged liquidations approach $150 million.<\/p>\n

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Crypto markets turned sharply lower on Friday, retracing the gains from yesterday\u2019s rate cut optimism-driven rally<\/a>.<\/p>\n

Bitcoin dropped 3% in the span of an hour, while Ether plunged below $3,000. Solana\u2019s SOL dipped by 4% to $147.<\/p>\n

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BTC price<\/figcaption><\/figure>\n

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Among the top 100 cryptocurrencies by market capitalization, the biggest losers are liquid staking leader Lido (LDO) and Bittensor (TAO), the decentralized AI project. Both are down around 7% in the past 24 hours.<\/p>\n

Meanwhile, Akash Network (AKT) and Telegram-affiliated TON are the best performers, up 13% and 8%, respectively.<\/p>\n

The selloff appears to be isolated to crypto for now, as major stock markets and the U.S. dollar are trading flat on the day.<\/p>\n

Nearly $150 million of leveraged positions were liquidated in the past 24 hours, with just over half that figure in the past four hours, according to CoinGlass<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ether drops below $3,000 as leveraged liquidations approach $150 million. Crypto markets turned sharply lower on Friday, retracing the gains from yesterday\u2019s rate cut optimism-driven rally. Bitcoin dropped 3% in the span of an hour, while Ether plunged below $3,000. Solana\u2019s SOL dipped by 4% to $147. BTC price Among the top 100 cryptocurrencies by […]<\/p>\n","protected":false},"author":2,"featured_media":299483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-299481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=299481"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299481\/revisions"}],"predecessor-version":[{"id":299484,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/299481\/revisions\/299484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/299483"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=299481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=299481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=299481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}