Home
News
Details

Bitcoin Drops Nearly $5K in 24 Hours as Crypto Market Slumps

iconRBC
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$88,303.800.07%
This is the logo of the coin.
ETH
$2,992.450.33%
This is the logo of the coin.
XRP
$1.91582-0.44%
This is the logo of the coin.
SOL
$125.75-0.4%
Bitcoin news broke late Friday as the price of Bitcoin (BTC) plunged nearly $5,000 in 24 hours, hitting $85,300 on December 15—the lowest in over two weeks. Ethereum (ETH) dropped below $3,000, down 6.5% in a day. The crypto market cap fell 4% to $2.93 trillion. XRP and SOL also saw sharp declines. Bitcoin ETFs saw $357 million in outflows, with Ethereum ETFs down $224 million. Over $655 million in leveraged positions were liquidated, mostly longs.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.