On Monday, cryptocurrency markets experienced one of the most violent episodes of the year. In just 24 hours, more than 150 billion $ in market capitalisation vanished, driven by a sharp fall in Bitcoin below the key threshold of 112,000$.
Record liquidations on the crypto market
This sudden drop triggered a massive wave of liquidations on leveraged positions.
- More than 1.5 billion $ was liquidated.
- Approximately 400,000 traders were affected.
- This was one of the most significant episodes of long liquidation in 2025.
This correction highlights how vulnerable the crypto market remains to rapid movements in Bitcoin.
Altcoins under pressure: Ethereum and Dogecoin down sharply
The fall in Bitcoin has spread to the rest of the market:
- Ethereum (ETH) fell by nearly 9% in 24 hours.
- Dogecoin (DOGE) and other large-cap coins suffered significant losses.
This widespread correction in altcoins illustrates the crypto market’s dependence on Bitcoin fluctuations.
Why the crypto market has weakened
According to several analysts, two factors amplified this decline:
- Excessive leverage – many traders had accumulated risky long positions.
- A climate of uncertainty – linked to macroeconomics and liquidity conditions.
The cascade of liquidations of these positions accentuated the downward momentum and further weakened the market.
Outlook: 112,000$ as a key level for Bitcoin
All eyes are now on the 112,000 dollars threshold:
- If it is broken, the market could experience another wave of massive selling.
- If support hold, a stabilisation phase could begin after this severe correction.
For crypto investors, this volatility serves as a reminder of the importance of prudent risk management in a still unstable market.
