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Bitcoin and Ethereum See Sharp Intraday Drops on HTX Data

Bitcoin and Ethereum See Sharp Intraday Drops on HTX Data

Bitcoin plunges 6.8% in 24 hours, falling below $104,000, reflecting intensified volatility and heightened investor caution, according to HTX market data on October 17.

BTC

Fact Check
Multiple pieces of evidence confirm that Bitcoin and Ethereum have experienced significant price drops that were reflected on the HTX exchange. Specifically, Source 5 explicitly mentions 'Bitcoin, Ether Suffer Worst Yearly Drops' and references 'HTX's BTC-USDT pair'. Source 12 also notes a 'brief decline' for both cryptocurrencies on the HTX Exchange. While other sources from different dates mention price spikes or narrow trading, this does not contradict the fact that sharp drops have also occurred, as the statement implies.
    Reference: 123
Summary

HTX market data from October 17 shows Bitcoin dropped 6.8% within 24 hours, slipping below $104,000 to trade at $103,909. The sharp decline highlights intensified volatility and renewed uncertainty in the digital asset market, as traders react to rapid intraday fluctuations across major cryptocurrencies.

Terms & Concepts
  • HTX Market Data: Real-time cryptocurrency trading and pricing data provided by the HTX exchange, used to track market movements.
  • 24-hour Decline: The percentage decrease in a cryptocurrency’s price over the past 24 hours, indicating short-term market performance.