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Bitcoin Plummets to $57K, Solana Nosedives 8% Daily (Market Watch)

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The cryptocurrency markets are bleeding out in the past 24 hours, with the total capitalization plunging below $2.5 trillion, down 5% on the day.

It’s worth noting that the most recent move resulted in more than $300 million worth of liquidated positions, the predominant majority of which were long.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:But it’s not just Bitcoin that’s having a hard time.One of the worst performers is Solana, which lost around 8% of its price. Others in this category are LINK , SHIB , PEPE , and so forth.

 

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