Bitcoin sinks to $82K as crypto liquidations top $2 billion
Bitcoin plunged to $82,200, extending a 24-hour slide that triggered over $2 billion in crypto liquidations, mostly from long positions. BTC alone accounted for more than $1 billion, with Ethereum and Solana also hit hard. Glassnode data shows realized losses returning to FTX-era levels, and total crypto market capitalization has fallen below $3 trillion.