Bitcoin dropped below 109,000 USD on Friday, marking a nearly 4% decline in 24 hours and 12% from recent highs. ETH experienced a significant drop of 6%, trading at around 4,295 USD and down approximately 13% from its all-time high.
The total liquidations in the crypto market reached over 535 million USD, predominantly impacting long positions. XRP and Solana also faced declines, with inflation concerns contributing to the broader market downturn.
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