Bitcoin Crashes Below $109K as Trump-Putin Meeting Triggers $600M in Liquidations

The bears are back in town as bitcoin just tumbled below $109,000, which is a multi-week low on some exchanges – at least those that didn’t see BTC tumbling to $101,000 last ￰0￱ altcoins have also turned red, with substantial daily losses from the likes of ZEC, ASTER, PUMP, IP, and many others. BTCUSD.). Most altcoins are in an even worse shape, led by a massive 11% decline by ￰1￱ follows suit, while PUMP, IP, TAO, and ENA are next in ￰2￱ dropped to $3,930, while XRP is well below $2.40. BNB stands close to $1,150 as of ￰3￱ total value of wrecked positions is on the rise again, nearing $600 million, according to ￰4￱ 200,000 traders have been wrecked on a daily ￰5￱ single-largest liquidated position took place on Hyperliquid and was worth almost $10 ￰6￱ Data on CoinGlass