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Cryptocurrency News Articles
Crypto Market Plummets: Bitcoin and Ethereum Hit Multi-Month Lows
Apr 07, 2025 at 02:04 am
The cryptocurrency market is experiencing a significant downturn, with leading assets facing sharp declines and total market capitalization dropping by 2.45%
The cryptocurrency market is facing a significant downturn, with leading assets encountering sharp declines and total market capitalization dropping by 2.45% in the last 24 hours, settling at $2.59 trillion.
This downturn marks one of the most challenging periods for the market in recent months, with major assets like Bitcoin and Ethereum encountering substantial price drops.
Bitcoin Hits 5-Month Low
Bitcoin, the flagship cryptocurrency, has taken a notable hit, plunging by 4% to trade at $80,700. This price drop pushes Bitcoin to its lowest level in five months, significantly impacting its market capitalization, which now stands at $1.6 trillion.
Trading volume over the same period has reached $15.7 billion, reflecting heightened activity as investors react to the decline.
During the past 24 hours 92.95 million were liquidated from the BTC market – $57.6 million long positions and $34.66 million in shorts, according to CoinGlass data.
The 1-day technical analysis from TradingView highlights the extremely bearish santiment in the Bitcoin market. The summary and moving averages point to “strong sell” with 18 and 14 sinals, respectively, while oscillators show “sell” with 4.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- Apr 30, 2026 at 10:38 pm
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- Solana's Slippery Slope: Price Prediction Points to Resistance Loss and Potential Further Drops
- Apr 30, 2026 at 09:08 pm
- Solana is struggling to break key resistance, signaling potential downside. Repeated rejections at $86-$88, coupled with a broken short-term pattern, point to targets as low as $67, or even $40, as sellers maintain control. Investors should watch critical support levels closely.
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- NYC's New Beat: Staking Systems, USD1, and Governance Drive Crypto's Next Wave
- Apr 30, 2026 at 03:02 pm
- From lucrative USD1 earning events to robust governance models, the crypto sphere is buzzing with innovations reshaping how we engage with digital assets, focusing on long-term commitment and stablecoin utility.
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- OKX Unveils Agent Payments Protocol: Ushering in a New Era of AI Transactions
- Apr 30, 2026 at 02:53 pm
- OKX launches its Agent Payments Protocol (APP), an open standard for AI-driven commerce, enabling agents to manage full business cycles. Explore the implications for AI transactions and agentic payments.
