Bitcoin erases post-election gains as Wall Street selloff triggers over $1 billion in crypto liquidations
Bitcoin fell 6% to $75,700 and ether 7% as a Nasdaq selloff hit crypto, triggering $1.03 billion in liquidations.
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Finance
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