Whalesbook
Bitcoin plummeted below $85,000, wiping out its year-to-date gains and signaling a potential return of the 2022 crypto winter. Over $2 billion in leveraged positions were liquidated in 24 hours across major cryptocurrencies including Bitcoin and Ether. This sharp decline coincides with global market weakness and significant outflows from U.S. Bitcoin ETFs, driving the Crypto Fear & Greed Index into 'extreme fear'.