Markets.News
The article discusses a recent sell-off in leading cryptocurrencies and precious metals, indicating a strengthening risk-off sentiment. Bitcoin experienced a 1.54% decline, reaching $77,147.38, while Ethereum dropped by 6.35% to $2,275.90. XRP fell by 3.17% to $1.59, Solana decreased by 3.11% to $101.47, and Dogecoin was an outlier with a 0.63% increase to $0.1044. This market turmoil led Bitcoin to dip below $76,000, its worst since April due to Trump's tariff policies, and marking an 11.42% decrease YTD. Ethereum experienced a significant drop below $2,300, indicating a 23% decrease since the year started. Over $500 billion was liquidated in the last 24 hours, with $373 million in leveraged longs erased. Bitcoin's market share was at 59.3%, while Ethereum's dominance fell below 11%. Bitcoin's open interest dropped by over 10% to $52.43 billion, with the market sentiment turning extremely fearful. The full story can be accessed on Benzinga.com.