Crypto Markets Plunge, Bitcoin Dips Below $85K
Update: 2025-12-19
Description
Cryptocurrency markets, including Bitcoin and Ether, experienced significant losses on Thursday, with Bitcoin dipping below eighty-five thousand dollars and Ether falling below two thousand eight hundred dollars. Altcoins like Cardano, Dogecoin, and SUI also plunged by more than five percent, triggering five hundred fifty million dollars in liquidations on derivatives markets. Despite the sell-off, some analysts suggest an orderly deleveraging rather than a full-blown panic, indicating a more controlled unwinding of positions.
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