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Bitcoin Falls Below $85,000, Crypto Market Loses $550M in Liquidations

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BTC
$89,063.400.87%
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ETH
$3,036.372.02%
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SOL
$127.031%
Bitcoin dropped below $85,000 on Thursday evening, hitting $84,500, the lowest in nearly three weeks. The crypto market update shows Ethereum and Solana falling over 4% in 24 hours. Derivatives liquidations reached $550 million, per CoinGlass. Analysts warn $85,000 is key support, with a break likely to push Bitcoin toward $80,000. Trading volume remained steady, indicating controlled deleveraging.
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