Key Highlights:
- Bitcoin crashes to $91,500, shedding $10,000 in a single day, while altcoins suffer brutal double-digit losses.
- Over $2.2 billion in liquidations, with 700,000 traders wiped out, making this one of the most violent sell-offs in recent months.
Paradisers! Is it a flash crash or the start of something worse? Bitcoin has dropped by $15,000 since Friday’s peak of over $106,000, and the entire crypto market is drowning in red. The latest sell-off came after Trump’s aggressive new tariffs on China, Canada, and Mexico, which sparked geopolitical panic and market-wide uncertainty.
Sunday’s loss of the critical $100,000 mark was only the beginning. By Monday’s Asian trading session, Bitcoin had nosedived to $91,500, its lowest level since the infamous January 13 crash.
Altcoins Are in Freefall – Where’s the Bottom?
If Bitcoin’s fall was brutal, altcoins were absolutely slaughtered. The numbers speak for themselves:
• Ethereum (ETH) -20%
• XRP -23%
• BNB -15%
• Dogecoin (DOGE) -24%
• Cardano (ADA) -25%
• Avalanche (AVAX) -24%
Even Solana, which had been holding strong, is down 8%. The total crypto market cap has now shrunk by over $400 billion, leaving investors scrambling to find support levels.
Mass Liquidations – Over 700,000 Traders Wiped Out
This price collapse triggered a tsunami of liquidations, with over $2.2 billion in wrecked positions in the past 24 hours alone. Data from CoinGlass shows that the largest single liquidation occurred on Binance’s ETH/BTC pair, worth over $25 million.
With leverage positions getting annihilated, the question remains: Are we at peak fear, or is another wave of sell-offs just around the corner?
What Happens Next? Will Bitcoin Rebound or Keep Bleeding?
As investors scramble for stability, analysts are eyeing key support levels. Some believe $90,000 is the last major line of defense, while others warn that further sell-offs could push BTC toward $85,000.
One thing is certain: crypto markets thrive on volatility—but this level of destruction is testing even the most seasoned traders’ emotional discipline.
Will the dip-buyers step in, or is this just the start of a deeper correction? Strap in—things are about to get even wilder. Remember, in our MCP Stream, we warned you of the impending market downfall, to further predict what is happening next with the crypto market, The ParadiseTeam recommends that you follow up in the MCP Stream.
