The post Cryptocurrency market sees $340M wiped out in four-hour plunge appeared on BitcoinEthereumNews.com. Key Takeaways The crypto market experienced $340 million in liquidations within four hours. Experts are warning traders about the risks of leverage during volatile declines. Around $340 million in leverage positions were liquidated in the last four hours as Bitcoin, Ethereum, and other crypto assets slid, according to CoinGlass data. Bitcoin fell to $93,000 after briefly surging above $95,000 on Monday morning. The largest cryptocurrency was trading around $93,700 at press time, extending its weekly losses to more than 10%. Ethereum retreated to $3,100, while XRP, Solana, BNB, TRON and other top cryptocurrencies also slid in the downturn. The sharp swings across major cryptocurrencies underscored mounting market volatility, with rapid price drops triggering a wave of forced closures on derivatives platforms. Source: https://cryptobriefing.com/crypto-market-plunge-liquidations/The post Cryptocurrency market sees $340M wiped out in four-hour plunge appeared on BitcoinEthereumNews.com. Key Takeaways The crypto market experienced $340 million in liquidations within four hours. Experts are warning traders about the risks of leverage during volatile declines. Around $340 million in leverage positions were liquidated in the last four hours as Bitcoin, Ethereum, and other crypto assets slid, according to CoinGlass data. Bitcoin fell to $93,000 after briefly surging above $95,000 on Monday morning. The largest cryptocurrency was trading around $93,700 at press time, extending its weekly losses to more than 10%. Ethereum retreated to $3,100, while XRP, Solana, BNB, TRON and other top cryptocurrencies also slid in the downturn. The sharp swings across major cryptocurrencies underscored mounting market volatility, with rapid price drops triggering a wave of forced closures on derivatives platforms. Source: https://cryptobriefing.com/crypto-market-plunge-liquidations/