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coinpedia 2024-09-06 17:43:28

Crypto Blood Bath: Bitcoin Loses $54k Levels, No Bullish Action in Sight

The post Crypto Blood Bath: Bitcoin Loses $54k Levels, No Bullish Action in Sight appeared first on Coinpedia Fintech News Bitcoin experienced a sharp price fluctuation, first rising to $57,000 and then dropping below $55,000 after the release of the U.S. jobs report, triggering volatility in the crypto market. This sudden price swing led to nearly $50 million in liquidations within an hour. Major altcoins like Ethereum, Solana, Ripple’s XRP, and Cardano also saw losses …

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