Bitcoin falls below $80K, sparking $670M in liquidations
Bitcoin abruptly fell below $80,000, triggering a wave of liquidations totaling $670 million across the market. Ether slid further from $2,400, Solana dropped below $100, and Zcash fell more than 7%. The scale of forced selling signals broad deleveraging, a risk-off event traders will watch for contagion and possible capitulation.