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Crypto Market Plunges as $650M Liquidated and Bitcoin Targets $70K

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BTC
$88,304.000.07%
This is the logo of the coin.
ETH
$2,992.440.33%
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SOL
$125.78-0.38%
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XRP
$1.91587-0.45%
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DOGE
$0.13001-1.58%
The crypto market plunged on December 15, with over $650 million in liquidations as Bitcoin fell more than 4% to under $86,000. The fear and greed index dipped sharply, reflecting heightened market anxiety. Ethereum, Solana, XRP, and Dogecoin all dropped 5–6%. Analysts warn Bitcoin could fall to $83,800 or $70,000 if it fails to reclaim $88,000. The selloff coincided with macroeconomic uncertainty ahead of the U.S. CPI release and a potential Bank of Japan rate hike.
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