Breaking news》BTC drops below 89,000! ETH plunges to above 2300 in a hurry, causing a total of 450 million USD in liquidations across the entire network

(Background added: BTC panic falls, should I get on the bus?) BTC, ETH key support level analysis) As of 3:50 pm on February 25, 2025, the cryptocurrency market ushered in a violent turmoil. According to the Binance spot market, the BTC price fell by about $1,500 in a short period of time, briefly falling below $89,000, while Etherfang fell below $2,400, a new low since February 3. In the past hour, Cryptocurrency Get Liquid exceeded $450 million, indicating that market sentiment is extremely volatile. The news that the Montana House of Representatives rejected the "Strategic BTC Reserve" bill may have intensified the downward pressure on the market, causing BTC to drive other cryptocurrencies to collapse simultaneously. At present, the Encryption investment community is divided on the decline, with some believing that it is only a short-term correction and others worrying that it may be the beginning of a larger decline. The subsequent trend of the market still needs to be closely monitored. Related reports Arthur Hayes: BTC bearish to $70,000, Hedging fund profit-making formed a fuse Wall Street Bernstein: Meme coin fever, funds will turn to Decentralized Finance, chain games and NFTs, BTC looks at $200,000 at the end of the year "News" BTC fell below 89,000! ETH rushed to above 2300, and the whole network got liquidated 450 million US dollars" This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".