Crypto Bloodbath: Bitcoin & Altcoins Plunge Triggers $1B+ Liquidation Carnage

Crypto markets got steamrolled today as Bitcoin and altcoins nosedived—liquidating over a billion dollars in leveraged positions. Here’s the wreckage.

Leverage meets gravity

Traders chasing pumps got crushed when BTC’s drop turned into a cascading sell-off. Exchanges flushed out overextended positions faster than a Wall Street banker dodging accountability.

Altcoins follow Bitcoin off the cliff

Ethereum, Solana, and other majors got dragged down with Bitcoin—proving once again that when BTC sneezes, the whole crypto market catches pneumonia.

Silver lining for diamond hands?

Volatility like this separates the weak hands from the true believers. Just remember: every liquidation is someone else’s buying opportunity. Unless you’re the one getting liquidated—then it’s just pain.