Bitcoin reaches two-month low as gold and stocks decline, crypto liquidations exceed 800 million USD

Bitcoin’s price dropped to 84,400 USD, down 5% in one day, while Ethereum and Solana fell 6.4% and 6.8% to 2,800 USD and 117 USD, respectively.

Over 800 million USD in crypto liquidations were reported, with long positions losing nearly 700 million USD. The overall market faced declines, including tech stocks like Microsoft.