Bitcoin Plummets Below $75,000 As Ethereum, XRP, Dogecoin Nosedive On Geopolitical Uncertainty

benzinga_article
2026.02.03 20:18
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Bitcoin has dropped below $75,000, experiencing a 6% decline amid geopolitical tensions related to Iran-U.S. nuclear discussions. Other cryptocurrencies like Ethereum, XRP, and Dogecoin also fell sharply. Notably, 156,179 traders were liquidated, totaling $630.76 million. Analysts suggest Bitcoin is in a critical liquidity zone, with potential risks of further declines if it fails to reclaim the $75,000 level. The market sentiment remains cautious, with traders advocating for spot accumulation over leverage trading due to high volatility.