📉 Bitcoin Takes a Rollercoaster Dive: More Than $3K in Minutes! 💔💸

In a sudden turn of events, Bitcoin's price plunged below $42K, leaving the crypto community in shock as a violent red candle dominated the charts. The unexpected crash, following a seemingly calm trading session, wiped out over $3,000 in just a few minutes.

📉 Long Liquidations Soar: Over $100M in the Blink of an Eye!

Coinglass analytics reveals the staggering impact, with approximately $100 million in long liquidations within the last hour alone. The total liquidated positions over the past 24 hours reached around $141 million, primarily comprising long positions.

🌐 Ripple Effect Across Altcoins: A Sea of Double-Digit Losses!

As Bitcoin's enhanced volatility sends shockwaves, alternative coins bear the brunt. Solana and Avalanche retraced by 5-6%, but the situation worsened with both assets plummeting to $99 and $37, respectively. Ripple's native token faces an 11% loss, while Polygon, Polkadot, Shiba Inu, Litecoin, Chainlink, and Toncoin experience similar drops.

📉 Ethereum and BNB Grapple with Losses: Market Turmoil Unfolds!

Ethereum sheds 7.6% but manages to hold above $2,200. BNB, on the other hand, faces a significant dip, down to $310. The market is in turmoil, and the impact of Bitcoin's sudden downturn reverberates across the entire crypto landscape.

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