Bitcoin dropped to just above $74,000 on Monday, its lowest intraday level since just after Trump’s election win, according to The Wall Street Journal. Ether, Solana, and XRP saw double-digit losses earlier in the day before partially recovering. Roughly $ 1 billion in bullish crypto bets were liquidated in 24 hours, according to Coinglass. Crypto-focused stocks tumbled, with MicroStrategy shares dropping more than 8% amid the broader market decline.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Bitcoin dropped just above $74,000 on Monday, its lowest intranet level since just after
00:07Trump's election win, according to the Wall Street Journal. Ether, Solana, and XRP saw
00:12double-digit losses earlier in the day before partially recovering. Roughly $1 billion in
00:16bullish crypto bets were liquidated in a 24-hour period, according to Coinglass.
00:21Crypto-focused stocks tumbled, with MicroStrategy shares dropping more than 8%
00:25amid the broader market's decline.
00:26For all things money, visit Benzinga.com slash GSTV.