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Home/News/Crypto market falls as Nasdaq tech selloff spills into digital assets
CoinDesk·22h ago·negative

Crypto market falls as Nasdaq tech selloff spills into digital assets

Bitcoin lost 2.5% to $62,300 and ether fell over 4% as a tech stock selloff spread to crypto. $717 million in liquidations amplified losses across altcoins, with the Dollar Index hitting its highest level in over a year.

  • Bitcoin fell 2.5% to $62,300; ether dropped over 4% to $1,650
  • $717 million in liquidations across the market amplified losses
  • Dollar Index (DXY) rose to 101.15, its highest since May 2025
  • Altcoins like ENA and HYPE lost 5-6%, performing worse than BTC and ETH
  • Derivatives data shows sellers in control across most of the top 25 coins
marketImpact 6/10
Why our editor rated this negative

Broad market downturn with heavy liquidations, a strengthening dollar, and bearish derivatives positioning across the board.

Read the full story at CoinDesk

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Last updated 24 Jun 2026

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