Derived from Bitcoin.com, the crypto market lost $240 billion in value this week as Bitcoin (BTC) and Ethereum (ETH) fell sharply. BTC dropped from $115,700 to $109,500, while ETH fell below $4,000 for the first time since August 8. Over $6 billion in leveraged positions were liquidated, with long contracts bearing the brunt of the losses. Altcoins like SOL, DOGE, and ADA also saw double-digit declines, though a few tokens, including ASTER and MYX, rose in value.
Crypto Market Loses $240B, $6B in Liquidations as BTC and ETH Plunge
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