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Bloodbath for Crypto Longs: Bitcoin, Ethereum, Dogecoin Plunge Shakes Market

Bloodbath for Crypto Longs: Bitcoin, Ethereum, Dogecoin Plunge Shakes Market

Author:
decryptCO
Published:
2025-06-12 21:41:31
10
2

Crypto Longs Get Rekt as Bitcoin, Ethereum and Dogecoin Dive

Crypto bulls got steamrolled today as major digital assets nosedived—levering up in this market remains a luxury only degens and hedge funds can afford to lose.

Bitcoin leads the charge downward

The OG crypto sliced through key support levels like a hot knife through butter. No mercy for overleveraged longs when BTC decides to move.

Altcoins follow suit

Ethereum and Dogecoin got caught in the undertow, proving once again that when Bitcoin sneezes, the whole market catches pneumonia. Meme coins? More like meme-orial services.

The silver lining?

Every crypto winter eventually thaws—just ask the bagholders from last cycle who somehow convinced themselves their 90% losses were ''strategic accumulation''.

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