Bitcoin has fallen below 92 thousand dollars
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Bitcoin fell below $92k, leading to a $490m run led by long positions. ETH, SOL and XRP saw impressive supports, contributing to the 1.5% intraday market decline.
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Bitcoin fell below $92,000 on Wednesday morning, sparking more than $490 million in outflows over the past 24 hours, according to Coinglass data.
The decline followed a brief rally on Monday, before BTC recovered on Tuesday and extended its losses to a weekly high of $95,000 on Wednesday.
Long positions accounted for the largest share of liquidity, totaling $374 million, while shorts contributed $83 million. Bitcoin and Ethereum led the liquidity charts, with gains from other major players.
Ethereum dropped to $3,140 from its weekly high near $3,300. Solana fell from $143 to $136, and XRP slipped from $2.41 to $2.20, recording the biggest declines among large-cap tokens.
Overall, the crypto market was down 1.5% in the past 24 hours, with most top assets trading in the red, according to CoinGecko data.
