Crypto Markets Plunge: Bitcoin Drops Below $82K Amidst Global Market Sell-Off

Global markets experienced a significant downturn on Friday, known as “Black Friday,” with cryptocurrency trading losing substantial ground. Bitcoin plummeted to $82,000, triggering one of the largest liquidation events this year. The resulting losses are estimated at over $1.9 billion, wiping billions from digital asset valuations and leading to a dramatic decline in global crypto market capitalization. Over 389,052 traders were liquidated within the past 24 hours as volatility surged.