Crypto Bloodbath: Bitcoin & Altcoins Plunge as Market Loses $222M in Single Day (30 June)
Crypto markets got steamrolled overnight—no mercy for bulls as Bitcoin leads the nosedive.
Red across the board
Altcoins followed BTC off the cliff like lemmings in a speculative frenzy. Ethereum, Solana, even meme coins—all caught in the downdraft. Traders scrambling for exits turned orderly retreat into a $222 million liquidation massacre.
Whale watching turns bloody
Market makers played this like a fiddle—liquidity vanished faster than a Sam Bankman-Fried alibi. Those 10x leverage positions? Poof. Gone. Just like your 'safe' stablecoin yields last cycle.
Silver lining? This flush clears out degenerate leverage. Again. Until next week's reckoning.
Bitcoin Records Consolidated Price Action
Amid the ongoing market conditions, the BTC price has recorded a variation of less than 1% with a trading volume of just over $40 billion. With a value of $106,977.51 and a market capitalization of $2.24 trillion, the dominance of Bitcoin continues to stay above 64% and is currently at 64.6179%.
Top Altcoins Mirror BTC’s Lead
Following in the footsteps, the ethereum price has recorded a consolidated price action. However, it has maintained its value above its crucial watch point of $2,400, suggesting a potential bullish momentum in the brewing.
The xrp price shows similar action by holding its value around the $2.17 mark. With this, the top 3 cryptocurrencies have started the week on a weak note, raising concerns about their short-term prospects.
Trending CryptoToday
- Bitcoin (BTC)
- Ethereum (ETH)
- Arbitrum (ARB)
- Pi Coin (PI)
- XRP (XRP)
Top Gainers & Losers Today
| Gainers | Losers |
| Arbitrum (ARB): +13.36% | Maple Finance (SYRUP): -7.57% |
| Aerodrome Finance (AERO): +6.39% | DeXe (DEXE): -7.04% |
| Pyth Network (PYTH): +4.97% | Kaia (KAIA): -5.87% |
Crypto Market Cap Overview
Over the past 24 hours, the crypto market has displayed a minor correction of
On the other hand, the Fear & Greed index is valued at 52 (neutral), highlighting a weak buying-and-selling pressure in the crypto space. Moreover, the Altcoin Season Index is now at 19, suggesting a strong Bitcoin dominance in the world of cryptocurrency.
Also Read: SEC Acknowledges Grayscale Spot BTC, ETH, XRP, SOL, ADA ETF
