#BTCBelow80K Bitcoin price falls below $80,000: $585.82 million liquidated from the cryptocurrency market

After a sudden collapse that shook the cryptocurrency market in the last few minutes, the price of Bitcoin fell below $80,000. In this scenario, $585.82 million has been liquidated from the cryptocurrency market in the past 24 hours.

This sudden drop in digital asset prices coincides with the beginning of a new week in global financial markets, amidst concerns about the evolution of the global economy. Factors such as interest rates, inflation data, and geopolitical tensions affect risk perception, leading to aversion movements that also impact the cryptocurrency ecosystem.

Bitcoin experiences a significant drop in just a few minutes

Bitcoin fell by 3% in just a few hours on Sunday. According to data, the leading cryptocurrency is trading at $79,246 and has accumulated declines of about 5% in the last 24 hours.#assets