Cryptocurrency prices fell across the board early Tuesday, led by major assets such as Bitcoin, Dogecoin, and Solana, as new economic data appeared to send shivers through cryptocurrency and stock markets alike.
Bitcoin It dropped from a price of around $101,000 to the current price of $97,856, showing a decline of more than 4% on the day. Meanwhile, both Ethereum and Dogecoin were down around 7% on the day, with Solana close to a 6% decline.
Data is hotter than expected The impact on US jobs appears to have played a role, along with investors Pricing is no longer at lower interest rates From the Federal Reserve in the first half of 2025.
Cryptocurrency liquidations jumped after the markets corrected, with $385 million worth of long and short positions executed over the past 24 hours according to data from Queen Glass. $230 million worth came in the last four hours alone, with long positions making up the vast majority of liquidations worth $212 million.
Editor's Note: This story is breaking and will be updated with additional details.
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