Leading cryptocurrencies plunged alongside stocks on Thursday, as a tech-driven sell-off sent risk-on markets into a tailspin.

Crypto Sees Over $1 Billion In Liquidations

Bitcoin sank below $84,000 to hit levels last seen in April. Trading volume surged 64% over the last 24 hours, signaling high selling pressure. 

Ethereum dived to $2,751, its worst since early July, while XRP and Dogecoin recorded sharp drops.

Shares of cryptocurrency-related companies, including Strategy Inc. (NASDAQ:MSTR)  and Bitmine Immersion Technologies Inc. (NYSE:BMNR), closed down 9.63% and 9.89%, respectively

About  $1.74 billion was liquidated from the market in the last 24 hours, according to Coinglass, with…

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