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Bitcoin Representational Image (Photo Credits: Pexels)
Bitcoin Representational Image (Photo Credits: Pexels)
Crypto
Less than 1 min.Read

Bitcoin Price Crashes to $112,000 After $19B Market Liquidation

Bitcoin Plunges to $112,000 After Record High, $19 Billion Liquidated

Bitcoin’s price has experienced a sharp decline, dropping to approximately $112,000 just days after hitting a new all-time high of $126,000. This significant correction has triggered massive liquidations across the cryptocurrency market.

Key Market Movements

  • Bitcoin (BTC): Price was $112,755 at 10:26 AM IST, reflecting a 7% plunge.
  • Ethereum (ETH): Faced an 11% decline.
  • XRP: Was down 15% over the past 24 hours.

According to reports, over $19 billion was liquidated from the crypto market amid these extreme price fluctuations, highlighting the current volatility. The market remains unstable following its recent peak.

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Latest

Adani Enterprises Q2 Profit Jumps 84% to ₹3,199 Crore

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Adani Enterprises reports 84% surge in Q2 profit, approves ₹25,000 crore rights issue for expansion. Key infrastructure milestones achieved including Navi Mumbai airport.

Hinduja Group Chairman Gopichand P Hinduja Dies at 85 in London

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Bomb Threat on United Flight Shuts Down Washington DC Airport

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