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Cryptocurrency News Articles

Bitcoin (BTC) price dips to $83k wiping out nearly 10% of its market cap in the past 24 hours

Mar 04, 2025 at 05:37 pm

Bitcoin (BTC) price has dipped to $83k while dropping nearly 10% in the past 24 hours. It fell from the daily high of $93,600 to the lowest $83,100 amid increased selling pressure.

Bitcoin (BTC) price dips to $83k wiping out nearly 10% of its market cap in the past 24 hours

Bitcoin (BTC) price today, April 11, has dipped to $83k while dropping nearly 10% in the past 24 hours. It fell from the daily high of $93,600 to the lowest $83,100 amid increased selling pressure. Following the downtrend, Solana (SOL) price has dropped over 15% in reversal to what it witnessed during Sunday’s pump.

As per market data, Bitcoin is currently trading at $83,300 with a 24 hour trading volume of $74 billion. Since hitting a weekly high of $94,800 on Sunday, BTC price has now dipped over 11% while dropping overall 23% from it’s all-time high.

Solana (SOL) is one another of the largest losers today with it dropping over 14% and losing nearly $10 billion in market cap. It is currently down 53% from the all-time high of $294, marked on 19 January. Other leading altcoins – ETH, XRP and ADA – have also declined over 12% in the past 24 hours.

The sell-off in the crypto market today is largelyੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇੇેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેેે0

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