🚨 CRYPTO BLOODBATH: Bitcoin Crashes Under $97K — Over $880M in Bullish Bets Wiped Out

The markets just woke up wild, fam. If you felt that earthquake in your portfolio today… yeah, you’re not alone. 👀🔥

Here’s the REAL tea — in simple human words:

Bitcoin just broke below $98,000 for the first time since May, triggering a cascade of pain across the entire market. $ETH , $SOL , $ADA — all down 8%+ in a single sweep.

Why?

Because the perfect storm hit all at once:

🔻 China dropped some ugly economic data

🔻 Hopes for a Fed rate cut suddenly faded

🔻 Traders were overleveraged and funding rates were frothy

🔻 And when BTC sliced through $100K… liquidity vanished

The result?

💥 $1 BILLION in leveraged positions liquidated

💥 $887 MILLION from LONGS alone

💥 Over 235,000 traders got wiped

💥 Largest single liquidation? A $44M BTC long on HTX. Brutal.

Even big exchanges felt the heat — Binance, Bybit, Hyperliquid — each saw $180M+ in long liquidations.

Everyone was bullish… until the market reminded us who’s boss.

Right now, BTC is wrestling with the $97K zone. Next major support? $94K 👀

Altcoins? Still shaky. If equities bleed more, crypto may follow.But here’s the twist 🔥

These massive liquidation flushes? They often mark exhaustion zones — moments where the market cleans out leverage before setting up the next move.

So yeah… today hurts. But pain like this has also been the start of many big rebounds.

The next 48 hours? Absolutely crucial.

Stay sharp. Stay calm. Survive the storm. 🌪️

Because crypto always rewards the ones who don’t panic in chaos. 💛💎✊