Bitcoin slid below $88K, sparking a sharp market shakeout as over $135M in crypto long positions were liquidated within an hour, highlighting renewed volatility and leveraged risk across major exchanges.
Bitcoin drops below $86K as a major whale unloads $2.78B in BTC, overwhelming active dip buyers. The massive sell-off sparks liquidations, sharp volatility and tests key support levels.
Shanghai Composite slid 1.5% to a one-month low on Tuesday as weak manufacturing data and profit-taking dented sentiment, with mainland blue-chips and financials leading declines.
Robinhood and Coinbase shares tumbled, dragging crypto-linked stocks lower as investors fled amid mounting macroeconomic worries – inflation, rate risk and growth fears denting sentiment across the sector.
XRP fell out of crypto’s top three as Tether’s USDT overtook it after a sharp price slide. The shake-up highlights flight-to-stability dynamics and market jitters as traders reassess risk and liquidity conditions.
Ether, Dogecoin and Bitcoin plunged, triggering roughly $900M in liquidations of bullish derivatives. Sudden volatility forced margin calls and erased leveraged positions, roiling crypto markets.