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Submission: On December 25 via api from BE — Scanned from FI
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You need to enable JavaScript to run this app. News Market UpdatesMarkets and PricesFinanceLearning InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes Learning Center Newsletters Advertise Advertise With UsSubmit Press ReleasePress ReleasesSponsored Article Trump 47 Bull 24 NEWS Market UpdatesMarkets and PricesFinanceLearning InsightsEconomicsLegalMiningRegulationBlockchainNews Bytes ABOUT NewsBitcoinWalletSpend DIRECTORY ATMWalletGamesExchangesLoansOTCCardsTaxPayments ADVERTISE Advertise With UsSubmit Press ReleasePress Releases CRYPTO BuySellMarketDEX LATEST CRYPTO NEWS IN YOUR INBOX Subscribe for updates WeeklyAfricaLatamPrice AnalysisGames Newsletter Read in app Trump 47 * Finance * Learning Center * Newsletters * Advertise Bitcoin BTC $USD 98,199.18 4.42% XRP XRP $USD 2.30 1.88% Dogecoin DOGE $USD 0.33 3.62% Ethereum ETH $USD 3,488.54 2.56% TRON TRX $USD 0.26 1.88% Solana SOL $USD 198.93 4.64% Render RENDER $USD 7.76 0.85% Toncoin TON $USD 5.87 4.85% Worldcoin WLD $USD 2.36 2.47% Verse VERSE $USD 0.000164 1.71% Pepe PEPE $USD 0.000019 3.71% Bitcoin BTC $USD 98,199.18 4.42% XRP XRP $USD 2.30 1.88% Dogecoin DOGE $USD 0.33 3.62% Ethereum ETH $USD 3,488.54 2.56% TRON TRX $USD 0.26 1.88% Solana SOL $USD 198.93 4.64% Render RENDER $USD 7.76 0.85% Toncoin TON $USD 5.87 4.85% Worldcoin WLD $USD 2.36 2.47% Verse VERSE $USD 0.000164 1.71% Pepe PEPE $USD 0.000019 3.71% Powered by Disclaimer Markets and Prices by Jamie Redman 5 days ago THE LATEST * BRICS Set to Welcome 9 Nations as Partners—Russia Hints 4 More to Join SoonECONOMICS | 2 hours ago * Solana Layer-Two Protocol Solaxy Raises Nearly $5M in Its Presale After Just a Few DaysBRANDED SPOTLIGHT | 5 hours ago * Bitcoin ETFs Bleed $226M While Ethereum Funds Feast on $130M WindfallNEWS | 5 hours ago * Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to RecoverMINING | 7 hours ago * HBAR and AAVE Lead Top Altcoin Gainers, Vote-to-Earn Crypto Flockerz Could Rally NextBRANDED SPOTLIGHT | 8 hours ago * Bitcoin Supply Reaches 19.8 Million Mark, Nearing Maximum LimitNEWS | 10 hours ago * MEXC Research: Top 10 Memecoins to Watch in 2024BRANDED SPOTLIGHT | 11 hours ago * Microstrategy's Bitcoin Yield Hits 3,177 BTC Last Week—Saylor Calls It a $300M 'Gift to Shareholders'FEATURED | 12 hours ago BITCOIN’S DRAMATIC FALL: $95K LOW SENDS SHOCKWAVES THROUGH CRYPTO MARKETS Bitcoin (BTC) took a nosedive on Thursday, hitting an intraday low of $95,578 per coin, slipping more than 7% against the U.S. dollar in just one day. The whole crypto scene has shed over 11% in value, dragged down by BTC’s massive plummet. CRYPTO MARKET CARNAGE It was not a stellar day for bitcoin (BTC), with the top crypto tumbling to $95,578 per BTC by Thursday afternoon. As of 3:20 p.m. ET, bitcoin was down 7.2% against the dollar. Ethereum (ETH) wasn’t faring much better, down 11.3%, while dogecoin (DOGE) plummeted 20% this afternoon. Despite the sell-off frenzy, global trading volume has skyrocketed by 55% today, cruising at an impressive $302.6 billion. BTC hit an intraday low of $95,578 per coin. At press time, it’s trading for $96.5K per coin. Just two days ago, BTC hit its all-time peak at $108,364, but now it’s down almost $12,000 in just 48 hours. The crypto derivatives market is feeling the pinch, with $1.25 billion in positions, both long and short, wiped out. According to Coinglass.com, out of the $1.25 billion derivatives market liquidations, over $205 million were long positions in bitcoin. Moreover, a staggering 370,433 crypto traders had their positions wiped out on Thursday afternoon. Apart from BTC and ETH, meme coins got hammered too, with PNUT dropping 27.71%, NIERO falling 25.06%, and ACT plummeting 24.67%. GOAT and PENGU also took a 24% dive against the U.S. dollar. Over $58 million in dogecoin (DOGE) long positions were liquidated today. Other notable coins saw double-digit drops. For instance, DYDX saw a decrease of 18.42%, and APE took an 18.17% hit as well. The wild swings in the crypto market highlight the intense challenges for traders riding these choppy waves during the 2024 bull cycle into 2025. With over a billion dollars vaporized from derivatives markets and countless traders facing massive liquidations, this downturn vividly showcases the volatility that comes with bull markets. At 3:25 p.m. ET, as bitcoin claws its way back above $96,000, everyone’s on edge, wondering what’s next. Amidst the chaos, the surge in trade volumes suggests both panic selling and savvy buying. While key players like bitcoin and ethereum strive to regain stability, the wide market’s decline shows how fast losses can spread. Traders and investors are now glued to their screens, looking for signs of either a comeback or further drops, as the crypto world continues to throw curveballs. Typically, in these bull market cycles, bitcoin and other digital currencies can lose over 20% in major pullbacks, and then, possibly rise again. At 3:30 p.m., bitcoin is exchanging hands for $96,541 per coin. TAGS IN THIS STORY Bitcoin, BTC Price Image Credits: Shutterstock, Pixabay, Wiki Commons CONTINUE IN THE BITCOIN.COM APP Stay updated with the latest market trends and data while you read. Read & Track BITCOIN GAMING PICKS BC Game REVIEWPLAY 360% Deposit Bonus up to $100,000 + No KYC & No Withdrawal Limits 💪 TG.Casino REVIEWPLAY 200% First Deposit bonus up to 10 Eth! 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