Bitcoin Drops Below $62,000 As Ethereum, XRP, Dogecoin Plunge 2.5% Ahead Of Key U.S. CPI Report

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Bitcoin fell below $62,000 amid a macro-driven risk-off move that pushed market sentiment deeper into extreme fear on Tuesday.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $61,677.13
Ethereum (CRYPTO: ETH) $1,642.68
Solana (CRYPTO: SOL) $64.79
XRP (CRYPTO: XRP) $1.13
Dogecoin (CRYPTO: DOGE) $0.08476
Shiba Inu (CRYPTO: SHIB) $0.054652

Notable Statistics:

  • Coinglass data shows 132,341 traders were liquidated in the past 24 hours for $449.76 million.       
  • SoSoValue data shows net outflows of $91.4 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $82.4 million.
  • In the past 24 hours, top losers include Humanity, siren and Venice Token.

Notable Developments:

Full story available on Benzinga.com

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