Overview

• Coinglass data show $1.5–$1.7 billion in positions were liquidated over 24 hours, impacting more than 407,000 traders.
• Bitcoin broke below the $115,000 support and briefly touched about $111,760 before stabilizing near the $112,000 area.
• Ether led losses with a drop of up to 9% to roughly $4,075 and about $498 million in long liquidations as perpetual funding turned negative.
• Altcoins fell harder than Bitcoin, with majors such as Solana, Dogecoin, and XRP down roughly 5–12% as Bitcoin dominance hovered near 57%.
• Total crypto market value declined by about $77 billion to around $3.9 trillion, with analysts pointing to a post‑Fed leverage unwind even as spot Bitcoin ETFs continue to absorb supply above 1.3 million BTC.