Altcoins Crash Across the Board! $585 Million Liquidated in a Single Day
Summary:
The altcoin market has experienced a major liquidation event totaling over $585 million. Key altcoins such as Ethereum, Solana, XRP, and Dogecoin have seen sharp price drops. The crash was triggered by Bitcoin’s failure to break through a key resistance level, which forced many over-leveraged long investors to close their positions.
Source: Siam Blockchain