Crypto markets cratered late Thursday with bitcoin (BTC) dropping as low as $25,000 on the crypto exchange Binance.
Liquidations in the last 24 hours
The liquidations occurred as crypto prices fell through the floor during Thursday afternoon U.S. hours turning this month's slow downtrend into a bloodbath amid financial markets jitters with crumbling foreign currencies, Chinese economic worries and bond yields ripping to multi-year highs. Crypto majors such as BTC and ETH saw near double-digit losses, falling to lowest since early summer.
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