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Bitcoin drops below $77,000 as crypto selloff triggers over $100 million in liquidations

Cryptocurrency markets experienced a sharp downturn as Bitcoin dropped below $77,000, triggering more than $100 million in long liquidations alongside steep losses across major altcoins.

Bitcoin to US dollar candlestick chart showing a sharp price drop down to 76,777.28.
Image: @blocknewsdotcom

Cryptocurrency markets saw sharp declines as Bitcoin fell below the $77,000 mark, dipping to $76,777.28 according to market charts published by Watcher.Guru and BlockNews.[2][4]

The selloff triggered a wave of liquidations, wiping out more than $100 million in long positions within a 60-minute window, according to reports from Watcher.Guru and crypto.news. BlockNews later reported that over $100 million in leveraged long positions had been liquidated across a two-hour span.[1][2][3][4]

Major altcoins mirrored Bitcoin's slide across exchanges. Ethereum fell below $2,250, touching $2,245.67 on a chart shared by Watcher.Guru, while crypto.news tracked ETH slipping below $2,252 to $2,251.53. Meanwhile, Solana broke under $95 and XRP slipped below the $1.25 threshold.[1][2][3][4]

Key facts

  • Bitcoin fell below $77,000, trading down to $76,777.28 on charts shared by Watcher.Guru and BlockNews.
  • Ethereum declined below $2,250, reaching $2,245.67 on Watcher.Guru's chart and $2,251.53 on crypto.news's chart.
  • Solana dropped below $95 during the selloff.
  • XRP slipped beneath $1.25.
  • Over $100 million in long positions were liquidated within 60 minutes according to Watcher.Guru and crypto.news, while BlockNews reported the liquidations occurred over two hours.

Sources · 3 sources

  1. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Crypto market sell-off intensifies as $BTC drops below $77K $ETH has also slipped below $2,252, $SOL has fallen under $95 and $XRP is below $1.25, while more than $100M in crypto long positions were liquidated within 60 minutes. https://t.co/vFmOjnub79

    Open source
  2. WG

    Watcher.Guru@WatcherGuruPost on X ·

    JUST IN: Crypto is dumping again $BTC falls under $77,000 $ETH falls under $2,250 $XRP falls under $1.25 $SOL falls under $95 Over $100,000,000 worth of longs liquidated from the cryptocurrency market in the past 60 minutes. https://t.co/zyclbAipSO

    Open source
  3. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Crypto market sell-off intensifies as $BTC drops below $77K $ETH has also slipped below $2,250, $SOL has fallen under $95 and $XRP is below $1.25, while more than $100M in crypto long positions were liquidated within 60 minutes. https://t.co/nbqrElXBRH

    Open source
  4. BL

    BlockNews@blocknewsdotcomPost on X ·

    🚨 JUST IN: Crypto markets are DUMPING again! 📉 • $BTC falls below $77,000 • $ETH drops under $2,250 • $XRP slips below $1.25 • $SOL crashes under $95 Over $100 MILLION in leveraged LONG positions liquidated in just 2 HOURS! 👀 https://t.co/4UFgOuPpps

    Open source