Bitcoin Crashes Below $84K as Crypto Liquidations Near $600M

Key points

• Bitcoin topped $87,000 after a softer-than-expected US jobs report, then reversed and fell below $84,000 within hours, a drop of over $3,000.
• Altcoins followed, with ETH down about $100, XRP at $1.45, and ZEC, DOGE, LINK, XMR and ADA losing up to 7% daily.
• CoinGlass data shows over $570 million liquidated in 24 hours, $186 million in one hour, with the largest single order near $12 million on Binance.

AI summary of CryptoPotato’s report, written only from the publisher’s text. Read the original for full context.