[2025-08-02] The latest IT, economic, blockchain and coin news
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2025-08-02 | Curator: CryptoTerminal
Bitcoin, Ethereum and XRP Sink as Crypto Liquidations Top $900 Million
Top cryptocurrencies pushed deeper into the red after a days-long slump Friday, triggering over $900 million dollars in liquidations, as global unrest and a poor U.S. jobs report impacted markets before the weekend. Bitcoin, which nearly eclipsed $120,000 towards the beginning of the week, has fallen to $113,411 at writing, a drop of roughly 5.6% from the recent peak. Ethereum took a steeper dive in the second half of the week, falling from around $4,000 on Sunday to $3,518 at writing—a 10.5% d...