{"id":421512,"date":"2026-03-08T11:26:16","date_gmt":"2026-03-08T05:56:16","guid":{"rendered":"https:\/\/dripp.zone\/news\/bitcoin-drops-under-68000-as-oil-tops-90-crypto-news\/"},"modified":"2026-03-08T11:54:20","modified_gmt":"2026-03-08T06:24:20","slug":"bitcoin-drops-under-68000-as-oil-tops-90-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-drops-under-68000-as-oil-tops-90-crypto-news\/","title":{"rendered":"Bitcoin Drops Under $68,000 as Oil Tops $90 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Total crypto capitalization is down 3% to $2.4 trillion amid a global market retreat.<\/p>\n<div>\n<p>Crypto markets declined for a second day, with investors remaining cautious heading into the weekend amid the ongoing conflict in the Middle East. Global markets face pressure after oil spiked another 14% today, with prices now exceeding $90 per barrel for the first time since 2023.<\/p>\n<p>Bitcoin (BTC) is trading at around $68,000, down 4% over the past 24 hours. Meanwhile, ETH and SOL fell 4.5% to about $1,970 and $84, respectively, and BNB is down 3% on the day.<\/p>\n<figure><figcaption class=\"text-center text-xs\">BTC Chart<\/figcaption><\/figure>\n<p>The overall crypto market capitalization declined by another 3% to $2.4 trillion, according to Coingecko.<\/p>\n<p>U.S. stocks fell after the Bureau of Labor Statistics <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"__blank\" rel=\"noopener noreferrer \">reported<\/a> that nonfarm payrolls fell by 92,000 in February, well below estimates. Meanwhile, the unemployment rate climbed to 4.4% from 4.3%.<\/p>\n<p>Crude oil (WTI) surged above $90 per barrel after President Trump <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116182551337254643\" target=\"__blank\" rel=\"noopener noreferrer \">said<\/a> the war would not end without an unconditional surrender by Iran. The S&#038;P 500 and the Nasdaq slipped by around 1%, while gold and silver posted modest gains.<\/p>\n<p>Almost all of the Top 100 digital assets posted losses over the last 24 hours. Today\u2019s top gainer is Pi Network (PI), which ralled 5.5%.<\/p>\n<p>Ethena (ENA) and Zcash (ZEC) are the biggest losers, plunging 8%.<\/p>\n<p>Around 96,000 leveraged traders were liquidated for $324 million in the past 24 hours, according to CoinGlass. Bitcoin accounted for $158 million, while ETH positions made up $67 million.<\/p>\n<p>Bitcoin exchange-traded funds (ETFs) recorded outflows of $228 million on Tuesday, ending their multi-day winning streak.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Total crypto capitalization is down 3% to $2.4 trillion amid a global market retreat. Crypto markets declined for a second day, with investors remaining cautious heading into the weekend amid the ongoing conflict in the Middle East. Global markets face pressure after oil spiked another 14% today, with prices now exceeding $90 per barrel for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":421517,"comment_status":"closed","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-421512","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\/421512","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=421512"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/421512\/revisions"}],"predecessor-version":[{"id":421518,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/421512\/revisions\/421518"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/421517"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=421512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=421512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=421512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}