July 21, 2025

Ethereum Liquidations Surge Amidst Market Panic as Bitcoin Slumps to $54K

1 min read

The recent drop in Bitcoin’s price to $54,000 has led to a noticeable surge in panic selling among altcoins. Amid the market turmoil, Ethereum’s price has fallen below the crucial $3,000 support level, leading to a significant decline in the broader altcoin market. According to Santiment, fear, uncertainty, and doubt (FUD) levels on social media

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Source: CoinOtag

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