Bitcoin price drops below $80,000: $585.82 million liquidated from the cryptocurrency market

After the sudden collapse that shook the cryptocurrency market in the last few minutes, the price of Bitcoin dropped below $80,000. In this scenario, $585.82 million was 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, amid concerns about the development of the global economy. Factors such as interest rates, inflation data, and geopolitical tensions are affecting risk perception, leading to aversion movements that also impact the cryptocurrency ecosystem.