The cryptocurrency market experienced a significant liquidation, with over $286 million wiped out from leveraged crypto positions in the past 24 hours. Bitcoin, Ethereum, and other altcoins saw a drop in prices, leading to panic among traders. In the last 24 hours, approximately 99,014 traders liquidated their positions, totaling $286.26 million. Bitcoin alone accounted for $69.2 million in liquidation, while Ethereum saw approximately $91.73 million. The market's volatility has raised concerns among investors, with Bitcoin's price dropping below $65,000, trading at $60,437.79 with a 4.11% decrease. Some analysts remain optimistic, predicting that Bitcoin could still surge above $70,000 post-halving and potentially reach $100,000. However, concerns persist regarding the slowdown in excitement over the spot Bitcoin ETF and its impact on cryptocurrency prices.