Crypto market wipes out $1 billion in liquidation as Asian markets bleed red

The crypto markets continue to decline on Monday, with Bitcoin (BTC) falling below $78,000. The Asian markets also traded in the red, with Japan’s stock market extending losses to 8. 5%, its lowest level since October 2023. source: https://www.fxstreet.com/cryptocurrencies/news/crypto-market-wipes-out-1-billion-in-liquidation-as-asian-markets-bleed-red-202504070536