đ $BTC Dips â Market Volatility Returns
Bitcoin has plunged to nearly $88,000 even as global stock markets rise â sparking a wave of liquidations across the crypto space.
đ Whatâs happening
$BTC dropped below the $90K mark, with one dip near $88,420 â a steep ~3% drop over 24 hours.
Overall liquidations across major cryptos have surpassed $500M.
The drop arrives despite broader markets gaining â highlighting cryptoâs high sensitivity to risk sentiment.
â ïž Why it matters
For traders: sharp moves and high volatility â positions could unwind fast.
For investors: itâs a reminder of cryptoâs ârisk-on / risk-offâ nature â diversification and risk management are crucial.
For the broader market: such drops can ripple to other assets and altcoins.
đ§ Heads-Up
Markets remain unpredictable. If you hold or trade crypto, consider your exposure and liquidity needs carefully.
