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The crypto market gives back gains from the "Powell Night," with Bitcoin falling below the $110,000 mark.

By: theblockbeats.news|2025/08/26 00:02:21

BlockBeats News, August 26th, according to HTX market data, last night and this morning, the cryptocurrency market experienced a significant pullback. As of the time of writing:

Bitcoin fell below the $110,000 mark, currently trading at $109,825, with a 24-hour decline of 2.11%. It has dropped below the $112,000 level seen before Powell's speech.

Ethereum dropped below $4,400, currently priced at $4,365, with a 24-hour decline of 5.4%.

U.S. Stock Market Close: Three Major Indexes Simultaneously Fall, Cryptocurrency-related Stocks Lead the Decline

In the past 24 hours, there have been liquidations totaling $904 million across the entire network, with over 206,000 accounts being liquidated.