Posted 4/2/2024, 9:20:30 AM
Bitcoin and Crypto Prices Drop as US Dollar Strengthens, Liquidations Top $400M
- Bitcoin price dropped below $67,000 on Tuesday, down 4.6% on the day and 6% on the week
- Crypto market cap fell by over $122B, with top coins like Ethereum down over 6%
- Over $426M liquidated across crypto market in last 24 hours, $342M from longs
- Drop comes as US Dollar index tops 105, reflecting a strong dollar
- Price volatility heightened ahead of April's Bitcoin halving, although impact on price debated
