Bitcoin's Sub-$100K Drop Triggers $1.4B in Liquidations

The crypto market faced intense selling pressure as Bitcoin (BTC) fell below $100K, triggering $1.4 billion in liquidations within 24 hours. Ethereum (ETH) saw the largest single liquidation at $15.8M on Binance. Major altcoins like Solana (SOL) and Dogecoin (DOGE) also posted double-digit losses, erasing recent gains.

Experts suggest the downturn stems from overly bullish market positioning, with calls for BTC to consolidate between $85K and $95K as healthier support.