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What the DROP in Bitcoin and Ethereum Really MeansLiquidations drive the crypto market lower. The decline in prices of major cryptocurrencies has led to a rush of liquidations across the. With its recent price declines, Bitcoin is down nearly 9% in the first month of And its current price around $38, is more than 44%. Bitcoin prices are volatile for many of the same reasons other investments are�supply and demand and how investors react to hype, news, and regulatory actions.