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.
Gold surged to a fresh record above $4,900 as investors rushed back into safe-haven assets following a pause in tariff escalations, highlighting renewed market anxiety and demand for security.
Dogecoin tumbles more than peers as risk-off trades hit speculative tokens, liquidity thins, and whale selling accelerates. With retail interest fading and leverage unwinding, DOGE underperforms Bitcoin and Ethereum.
Bitcoin may sink deeper as ETF outflows drain demand and leveraged longs face liquidation amid volatility. Together, waning inflows and forced deleveraging threaten a short-term retest of lower support.