#newscrypto 📉 Market Pullback & Heavy Liquidations

The Liquidations: The $424 million in wiped-out derivatives positions heavily affected long traders. Bitcoin led the damage with $173 million in liquidations, followed closely by Ethereum ($98.52 million), Solana ($25.35 million), and XRP ($15.9 million). [1, 2]

Asset Status: Bitcoin is hovering around $77,500 after failing to sustain a breakout past its major $80,000 psychological resistance. Ethereum fell about 3.6% to $2,420 due to quick profit-taking.#crypto #
#bitcoin #Ethereum #Write2Earn! $BTC $ETH $XRP