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

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.

This comes on the back of notable declines across the board from Bitcoin, Ethereum, BNB, Solana, and pretty much the entire market.

Bitcoin Crashes Toward $57K

At the time of this writing, Bitcoin’s price is trading at around $57,700, down more than 5% over the past 24 hours and pretty much the same for the week.

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