Bitcoin, Ethereum, and XRP Crash Triggering $637M in Liquidations

Bitcoin shed 5% in the past 24 hours, dragging Ethereum, XRP, and other altcoins down with it. The top crypto is now down over 21% in the past month, ending October on a negative note. Bitcoin plunged to an intraday low of $85,694 and is currently trading around $86,800, down 31% from its all-time high, according to CoinGecko data. Beta assets like Ethereum and XRP, which follow Bitcoin’s cues, have shed 5.6% and 6.5% respectively over the past day, highlighting the delicate situation among altcoins. As ...