Worst Bloodbath in Crypto History

Crypto liquidations topped $2.24 billion in the last day, a wipeout described as one of the worst bloodbaths in the history of the market, as Bitcoin fell to $94,000. According to Coinglass data, Ethereum traders had the most liquidations at $609 million, followed by $412 million for Bitcoin, and the biggest single loss was a $25.64 million ETHBTC trade on Binance. Bitcoin lost support at $97,000 and is testing $92,000, a level that may dictate its near-term course, while the CMC Altcoin Season Index fell to 38 out of 100.