The crypto market continued its downward trend on Wednesday as total market capitalization slipped nearly 1.5% to $2.53 trillion. Bitcoin price dropped close to 3%, falling to the $75K range, while Ethereum, XRP, Solana, Zcash, NEAR, and several altcoins also posted heavy losses.

Crypto Market Selloff Deepens as Bitcoin Drops to $75K Amid ETF Outflows and Liquidations