Bitcoin, the world's largest cryptocurrency, has experienced a massive drop in the last few minutes. Here are the latest figures and the reason for the decline.Bitcoin, the world's largest cryptocurrency, has experienced a massive drop in the last few minutes. Here are the latest figures and the reason for the decline.

HOT MOMENTS: Bitcoin Experiences Massive Drop – Falls Below $67,000. What’s Going On? Here’s the Reason for the Decline and the Data

2 min read

A sharp sell-off in the cryptocurrency markets intensified. Bitcoin, the largest cryptocurrency, as well as Ethereum and altcoins, saw double-digit daily losses. Increased volatility and weakening risk appetite led to a liquidation of $1.41 billion in the market over the past 24 hours.

Bitcoin’s price fell to levels as low as $67,000 during the day, reaching its lowest level since November 2024. Currently trading at $67,099, BTC has lost 10.24% in value in the last 24 hours, while its weekly decline has reached 21.35%. Bitcoin’s market capitalization has fallen to $1.34 trillion.

A chart showing the recent major drop in BTC price.

Analysts note that selling pressure has deepened due to weakening marginal demand and volatility, particularly in technology stocks, which has also impacted crypto assets. Furthermore, the pullback in gold and silver prices is said to be leading speculative capital to reposition itself in asset allocation. Bitcoin is currently down approximately 45% from its October peak. In addition, doubts about whether FED Chairman nominee Kevin Warsh will pursue a hawkish policy are reinforcing the situation.

Related News: Giant Asset Management Firm Multicoin Capital Allegedly Sold Ethereum and Made a Surprise Massive Purchase of an Altcoin

Ethereum also felt the effects of the sell-off. The price of ETH fell to $1,940, losing 10.84% in the last 24 hours and 31.46% in the last 7 days.

Open positions in futures markets are narrowing, and funding rates are turning negative. This indicates that mandatory position closures are being triggered in the market.

A total of $1.41 billion in positions were liquidated in the last 24 hours. Of this, $1.23 billion consisted of long positions, while $175 million came from short positions.

*This is not investment advice.

Continue Reading: HOT MOMENTS: Bitcoin Experiences Massive Drop – Falls Below $67,000. What’s Going On? Here’s the Reason for the Decline and the Data

Market Opportunity
The Official 67 Coin Logo
The Official 67 Coin Price(67)
$0.00413
$0.00413$0.00413
+4.87%
USD
The Official 67 Coin (67) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Verimatrix: Sale of Extended Threat Defense Assets (Mobile Application Protection) to Guardsquare

Completion of the sale of XTD assets (code and mobile application protection), including a portfolio of patents and a team of experts. The Group is refocusing on
Share
AI Journal2026/02/06 00:49
UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Share
BitcoinEthereumNews2025/09/17 23:52