Bitcoin Drops Over 4% as Crypto Liquidations Top $1.1 Billion
Bitcoin fell more than 4% toward $80,000 on Thursday, as reported crypto liquidations across the market exceeded $1.1 billion. The decline pulled down other major digital assets and added fresh pressure on leveraged traders and risk assets more broadly. According to data reported Thursday afternoon ET, Bitcoin traded near the $80,000 mark. Of the $1.1…