Crypto Market Tumbles with Bitcoin Below $110K as Liquidations Approach $1 Billion Mark

Major cryptocurrencies experienced substantial declines on Thursday, with Bitcoin falling nearly 4% to under $109,700 and Ethereum dropping 7.5% to $3,879. Liquidations surged to almost $930 million in 24 hours, while Solana and Dogecoin suffered the heaviest losses, both plummeting approximately 21% over the past week.