#Eth #xrp #sol BTC had recently reached $81,000 but has since experienced a sharp decline, losing more than $12,000. Ethereum dropped toward $1,925, while XRP fell close to the critical $1.00 level. Several major altcoins, including SOL, DOGE, ZEC, and XMR, also recorded losses of over 6% in 24 hours.
According to CoinGlass, total crypto liquidations exceeded $1.4 billion in 24 hours, with $1.26 billion coming from long positions and $155 million from shorts. Bitcoin accounted for approximately $742 million in liquidations, followed by Ethereum at $250 million. More than 170,000 traders were liquidated.
The market remains under heavy bearish pressure, and further downside cannot be ruled out until Bitcoin shows a strong recovery.