Bitcoin and major cryptocurrencies saw a sharp fall. Bitcoin hit a two-month low amid worries about the Fed’s stance. This led to a broad market sell-off. Over $1.7 billion in leveraged positions were liquidated. Analysts suggest the market could stabilize if key support levels hold. Hyperliquid bucked the trend with a significant rise.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets