Crypto Market Loses $60 Billion; Bitcoin Crash Under $20K; What’s Happening?

The global digital asset market registered a broad sell-off on Friday as fear rises around the future of United States based crypto friendly banks.

The cumulative crypto market cap has dropped by a whopping 7% as it lost over $60 billion over the past 24 hours. It now stands at $930 billion.

However, Binance turned out registered the liquidation of around $106 million over the past day. While OKX crypto exchange followed the world’s largest exchange to register liquidation of $74 million.

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