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Leading cryptocurrencies bled alongside stocks on Monday, as new global tariffs and AI disruption fears sparked jitters.
Crypto Woes Drag On
Bitcoin slipped below $64,000 as sell-off intensifies and leveraged liquidations jump. The apex cryptocurrency has now fallen nearly 50% from its all-time highs set in October.
Ethereum dropped to an intraday low of $1,813, as trading volume soared 86% in the last 24 hours. XRP and Dogecoin moved sideways.
Over $466 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for the majority. Bitcoin alone recorded $233 million in liquidations.
Bitcoin’s open interest fell 0.94% over the past…
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