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Crypto crash 📉
Bitcoin plunged to nearly $77,000 on Saturday as altcoins posted sharper losses, leading to more than $2.5 billion worth of liquidations.
📝 What you need to know
Bad news: This week’s crypto market decline isn’t taking the weekend off.
Bitcoin and other top assets are tumbling Saturday, with Bitcoin falling to nearly $77,000 this afternoon, and Ethereum and other prominent altcoins down double digits. Along the way, more than $2.5 billion worth of liquidations have piled up in the last day, with nearly half of the total coming from Ethereum positions.
The growing risk-off attitude comes amid broader markets volatility, including fears over another U.S. government shutdown—which partially began early Saturday—and concerns that an AI bubble could be ready to pop. Gold and silver prices surged over the course of the week before falling sharply Friday.
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