Bitcoin was unable to overcome its historical maximum, which led to a sharp decline in its price below $69,000.

Altcoins also suffered, negatively affecting traders with high leverage. Over 90,000 such market participants incurred losses in the last 24 hours.

The total market capitalization of crypto assets decreased by $100 billion, falling below $2.450 trillion.

The total amount of liquidated positions reached $280 million, the largest of which on Binance was over $11 million.