Bitcoin's Plunge Below $105,000 Sends Crypto Market Cap to Lowest Level Since July

The cryptocurrency market extended its losses on Thursday, as Bitcoin’s renewed sell-off triggered a new wave of liquidations, pushing major altcoins to multi-week lows. The downturn was led by Bitcoin, which fell 5.6% over the past 24 hours to an intraday low of $104,853, according to CoinGecko data. The slide dragged the total crypto market capitalization down by 5.9% to $3.64 trillion, its lowest level since July, according to CoinGecko data. The sell-off appears to have been sparked by a flight to s ...