🚨🚨 Crypto Crash: Bitcoin's Value Drops to $95,000 as Market Volatility Increase
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Bitcoin (BTC) slumped to $95,000, losing over 6% in value. The cryptocurrency market cap plummeted from $2 trillion to under $1.9 trillion. BTC's dominance over altcoins stands at 54.3%.
Altcoins suffered even more, with massive price declines from ETH, DOGE, ADA, AVAX, and others. Ethereum dumped by 8% from over $3,600 to under $3,400. SOL, DOGE, ADA, AVAX, and SUI dropped by double digits.
The total crypto market cap lost roughly $300 billion, falling from $3.760 trillion to under $3.5 trillion. This significant decline occurred within a 24-hour period, showcasing the market's volatility.
Bitcoin's price had briefly exceeded $100,000 on Monday but quickly lost value, freefalling by $5,000 in about 60 minutes. Despite a slight recovery, BTC remains 6% down on the day.
