Crypto crash today: Bitcoin and altcoins drop as liquidations jump 770%
The recent crypto crash saw Bitcoin drop to $87,380, with altcoins like Ethereum and Dogecoin falling over 3%. Liquidations surged by 770% to $678 million, driven by rising geopolitical tensions and a potential US government shutdown. Bitcoin's technical indicators suggest a bearish trend, with prices remaining below moving averages. The market is reacting to fears of a US attack on Iran and trade tensions with Canada, contributing to increased volatility.