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Bitcoin (BTC) Falls to $96K, Leading Altcoins Suffer Substantial Losses (Market Watch) Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated Crypto Liquidations Hit $500M After Bitcoin Drops to $96K

Jan / 01
- Bitcoin (BTC) Falls to $96K, Leading Altcoins Suffer Substantial Losses (Market Watch)
  
  Jan 01, 1970 at 08:00 am CryptoPotato_News
  
  Amidst bearish sentiment, Bitcoin (BTC) and leading altcoins plunged in the past 24 hours. After reaching a high near $99,000, BTC fell under $96,000. Altcoins like XRP, SOL, and LTC saw heavier losses, with meme coins such as DOGE and SHIB also experiencing declines. The total market cap dropped below $3.2 trillion.
- Dogecoin Slumps 10% Amid Bitcoin's Slide to $96K, $560M Long Positions Liquidated
  
  Jan 01, 1970 at 08:00 am CoinDesk
  
  Amidst a surge in U.S. treasury yields, Dogecoin (DOGE) has taken the lead in a downturn among major cryptocurrencies. This decline, triggered by fresh economic data, has also impacted Solana, Cardano, BNB Chain, Ethereum, and Bitcoin. Liquidations of crypto-tracked futures indicate a high level of risk, while U.S. stocks also experienced losses. Market observers view the drop as a temporary setback, citing previous bullish trends and the incoming crypto-friendly U.S. administration. However, QCP Capital warns of continued volatility in January due to structural risks, including the reinstatement of the U.S. Treasury debt ceiling.
- Crypto Liquidations Hit $500M After Bitcoin Drops to $96K
  
  Jan 01, 1970 at 08:00 am The Crypto Times
  
  The cryptocurrency market recently experienced a sharp downturn, resulting in liquidations exceeding $500 million. Over $379 million in long positions and $125.49 million in short positions were liquidated within a 24-hour period, with Bitcoin and Ether accounting for the majority ($121 million). Prominent altcoins like Dogecoin, XRP, and Stellar also faced significant liquidations.