Uh, weekend vibes? More like weekend crash vibes for Bitcoin, am I right? 🤦♀️ In the past 12 hours, the crypto darling plummeted below $100,000 for the first time since that lovely Monday crash we all tries to forget 🙅♂️.
And, because misery loves company, altcoins like LINK, SOL, AVAX, and DOGE (poor puppy 🐶) are seeing red – like, a LOT of red. We’re talking substantial losses here, folks! 📉
Remember when Bitcoin was all like, “Hey, I’m strong! I can touch $106,000!” 🤑 Yeah, that was cute. The bears were all, “Nah, fam, not today” 🐻, and down it went to $102,000 on Friday evening. Saturday was just a sad, slow bleed 💔.
Fast forward to now: Bitcoin’s scraping by at $99,000 (but trying to adult its way back into six-digit territory 🤞). Meanwhile, those poor altcoins… SOL, DOGE, and friends are dumping by nearly double digits 📊. And then there are the real crying-jag-material losses: VIRTUAL (-19% 🤯), TAO (-15%), RAY (-13%), LDO (-13%), GALA (-13%), and TRUMP (-13%) – ouch, indeed! 😬
This volatility extravaganza has led to a whopping $500 million+ in liquidations over the past day (with $400 million of that happening in just the last 12 hours 🕰️). The big loser count? A staggering 250,000 traders in just 24 hours 🚨. The pièce de résistance? A $12 million liquidation order on Binance – yikes! 🤑
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2025-02-02 08:47