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Altcoins plunge as bitcoin's $85,000 test triggers $550 million in liquidations
Yahoo Finance· 2025-12-18 21:46
Crypto losses accelerated Thursday afternoon as bitcoin (BTC) broke below the key $85,000 support level, dipping to $84,500 — its weakest price in nearly three weeks — before rebounding slightly. The move erased BTC’s morning rally to $89,500 and dragged the broader crypto market lower. Ether (ETH) fell under $2,800, down 1.1% in the past 24 hours, while Solana’s SOL dropped 4% to below $120, its lowest since April. Altcoins led the rout, with Cardano (ADA), Dogecoin (DOGE), and SUI plunging more than 5 ...