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The Economic Times
The Economic Times
Surbhi Khanna

Bitcoin drops over 3% to $83,000 after losing key support; $394 million liquidated in one hour

Bitcoin Crypto Ethereum Nischal Shetty Riya Sehgal Dogecoin RBI

Bitcoin fell nearly 3% in the past 24 hours to around the $83,000 mark on Wednesday after losing important on-chain support levels. The cryptocurrency was trading at $83,625.

In the past 24 hours, Ethereum was down 5.19% to $2,575. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano corrected up to 8.13%.

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