Bitcoin slides on liquidation spike as broader crypto market softens

Bitcoin retreated to $89,619 after heavy liquidations, with Ethereum and Solana weakening as traders adjusted leverage amid shifting macro sentiment.

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9 days ago

Bitcoin slides on liquidation spike as broader crypto market softens

Bitcoin slides on liquidation spike as broader crypto market softens
Bitcoin fell 1.85% to $89,619 as trading fluctuated between $88,000 and $91,500, driven by $414 million in liquidations following a reversal in PCE-linked sentiment. Ethereum dropped 2.98% to $3,029, while Solana declined 3.12% to $132. Broader crypto conditions reflected defensive positioning as traders reassessed leverage exposure across major derivatives platforms.
Tags:
  • crypto
  • bitcoin