Bitcoin Plunges to $112K, Wiping Out $1.7 Billion in Liquidations
Bitcoin’s price suddenly suffered a violent flash crash, plunging to $112,000 – its lowest level since September 10 – in less than an hour.
Market data shows that liquidations skyrocketed from around $600 million earlier in the day to $1.7 billion at press time, highlighting the extreme volatility.
Most altcoins also sank deep into the red, posting losses between 4% and 8%. ETH and XRP led the declines among large-cap tokens, while CRO and HYPE faced heavy pressure, dropping 7–8%.
BTC
92,592.23
+3.08%