MORPHO Falls 7% to $2.59 Amid Broad Crypto Correction and $1B Liquidations
- —MORPHO fell 7% to $2.59 on volume 34% above the 30-day average
- —Crypto liquidations topped $1 billion in 24 hours
- —Price remains 43% above its level a year ago
- —Circle launched USDC loans against BTC collateral via Morpho markets
Why it matters: The pullback looks technical, with price holding above the SMA-200 at $1.99, while the Circle integration reinforces institutional demand for the protocol.
Source: DiarioBitcoin