Crypto Market Crash: SOL, ADA, and ETH Lead Losses – BlockNews.com

<div> <ul> <li><strong>Crypto Market in Turmoil:</strong> Bitcoin has plunged <strong>under $94,000</strong>, while altcoins like <strong>SOL, ADA, LINK, and AVAX</strong> are deep in the red, some losing over <strong>40% from recent highs</strong>.</li> <li><strong>Mass Liquidations Hit Traders:</strong> Over <strong>140,000 traders wiped out</strong>, with <strong>$330 million</strong> in liquidations in just <strong>24 hours</strong>, including a <strong>$7.58M single liquidation on Binance</strong>.</li> <li><strong>Bitcoin’s Next Move is Critical:</strong> If <strong>BTC fails to reclaim $94,000</strong>, further <strong>downside is likely</strong>, making the next few days crucial for the market’s direction.</li> </ul> <p>The cryptocurrency market is in absolute <strong>freefall</strong>, with countless altcoins experiencing gut-wrenching price drops over the past day. The bleeding hasn’t stopped, and for many, the pain just keeps piling on.</p> <h3><strong>Bitcoin Stumbles—Altcoins Crumble</strong></h3> <p><a href="https://bitcoin.org/en/" target="_blank" title>Bitcoin</a>? Not exactly faring much better. Sure, its <strong>dominance is climbing</strong>, but that’s little comfort when the price just plunged to a <strong>two-week low</strong>, slipping <strong>under $94,000</strong> just minutes ago. Brutal.</p> <h4><strong>Market Overview (Source: QuantifyCrypto)</strong></h4> <p>One of the biggest disappointments? <strong><a href="https://solana.com/" target="_blank" title>Solana</a> (SOL).</strong> The asset—once a market darling—has been getting <a target="_blank" href="https://blocknews.com/trouble-ahead-for-sol-can-solana-survive-the-sell-off-or-is-this-the-end/" title="Trouble Ahead for $SOL: Can Solana Survive the Sell-Off or is This the End?">hammered</a>. Over the past <strong>24 hours, it’s down 8%</strong>. Expand that view to a weekly scale? The losses <strong>balloon past 18%</strong>. And compared to its <strong>January high?</strong> SOL has lost a staggering <strong>40%</strong> of its value. Now, it’s staring at sub-$170 levels, territory it hasn’t seen since early November.</p> <p>And it’s not just SOL taking a beating. <strong><a href="https://cardano.org/" target="_blank" title>Cardano’s</a> ADA</strong> has plunged over <strong>6%</strong>, now struggling below <strong>$0.75</strong>. <strong>Chainlink (LINK) and Avalanche (AVAX)?</strong> Deep in the red as well—each shedding around <strong>8%</strong> of their value. As of now, <strong>LINK is wobbling near $17.5</strong>, while <strong><a target="_blank" href="https://blocknews.com/avax-targets-new-highs-is-avalanche-ready-to-explode/" title="$AVAX Targets New Highs: Is Avalanche Ready to Explode?">AVAX</a> fights to stay above $23.2</strong>.</p> <p>Even <strong>XRP</strong>, which stole the show last week with an explosive rally, has joined the downtrend. It’s now <strong>lost 5%</strong> in a single day, dipping to just over <strong>$2.5</strong>. <strong>Ethereum (<a href="https://ethereum.org/en/" target="_blank" title>ETH</a>)</strong>? Also rejected at <strong>$2,800</strong> earlier this week and now desperately clinging to the <strong>$2,600</strong> zone.</p> <figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXepTcPHwE37Umn-i-UAVgStz6AqAGoNOzl6LV0aboSHizPfT5hr2ivMlJWPkf1rUpco9CbZKVfYN9Neam4NciiRZq9tosuLffdpXq54Q7tFkv0F_LrcokwCzXkUKLjmEkOLbScqqQ?key=7_plZDaCHyI9ERKfVoAO0mfo" alt /></figure> <h3><strong>One Bright Spot? Litecoin</strong></h3> <p>Not everything is gloom and doom, though. <strong><a href="https://litecoin.org/" target="_blank" title>Litecoin</a> (LTC)</strong> is defying the odds, up <strong>3%</strong> on the day and now sitting comfortably at <strong>$125</strong>. It’s one of the rare <strong>larger-cap <a target="_blank" href="https://blocknews.com/blackrocks-bitcoin-etf-sees-first-inflow-halt-since-launch/" title="BlackRock’s Bitcoin ETF Sees First Inflow Halt Since Launch">altcoins</a></strong> managing to swim against the tide.</p> <h3><strong>Bitcoin’s Brutal Dip—What’s Next?</strong></h3> <p><a target="_blank" href="https://blocknews.com/trump-eyes-bitcoin-surge-to-150k-amid-friendly-crypto-regulation-plans/" title="Trump Eyes Bitcoin Surge to $150K Amid Friendly Crypto Regulation Plans">Bitcoin’s</a> price action has been far from inspiring. The <strong>largest cryptocurrency</strong> was slapped down just ahead of <strong>$97,000</strong> earlier today, only to get dumped back under <strong>$94,000</strong>. That’s the lowest price since early February—when it suffered a <strong>flash crash below $92,000</strong>.</p> <p>And the pain isn’t just visible on the charts. The **total value of liquidated positions? A jaw-dropping $330 million—**in just 24 hours. According to <strong>CoinGlass</strong>, over <strong>140,000 traders</strong> have been wiped out in the same timeframe. The biggest single liquidation? A <strong>$7.58 million order</strong> on <a target="_blank" href="https://blocknews.com/binance-announces-new-token-delistings/" title="Binance Announces New Token Delistings">Binance</a>.</p> <h3><strong>Final Thoughts</strong></h3> <p>Crypto’s been on the ropes, and while some assets—like <strong><a target="_blank" href="https://blocknews.com/ltc-surges-a-potential-330-target/" title="Litecoin Price Analysis: Analysts Predict $LTC to Smash Through $330">Litecoin</a></strong>—are bucking the trend, the broader market remains <strong>under siege</strong>. The coming days will be crucial. If <strong>Bitcoin can’t regain its footing above $94,000</strong>, further downside could be on the table. Stay strapped in—it’s gonna be a bumpy ride.</p> </div>