Bitcoin (BTC) hovered around $110,000 on Saturday following a historic $20 billion liquidation across the crypto market the largest in digital asset history. Analysts warn the market may not have reached its bottom yet as investors brace for further volatility.
The crypto crash came amid renewed U.S.–China trade tensions, sending global risk assets tumbling. The S&P 500 dropped 2.7% on Friday, while gold surged past $4,000 per ounce as investors sought safety. Traders are calling this a “crypto cleanse,” marking the end of months of bull-market euphoria that had pushed Bitcoin up 700% from its macro low.
Bitcoin’s Relative Strength Index (RSI) entered deeply oversold territory, signaling exhaustion among traders. Market maker liquidity remained thin, with major exchanges still assessing damage from the sharp downturn. Analysts believe liquidation figures may exceed $20 billion, as many exchanges only report partial data.
Market Overview
| Rank | Cryptocurrency | Price (USD) | 24h Change | Market Cap (USD) |
| 1 | Bitcoin (BTC) | $110,500 | -3.8% | $2.17 Trillion |
| 2 | Ethereum (ETH) | $2,950 | -4.5% | $355 Billion |
| 3 | Tether (USDT) | $1.00 | 0.0% | $115 Billion |
| 4 | BNB (BNB) | $560 | -3.2% | $86 Billion |
| 5 | Solana (SOL) | $160 | -6.1% | $72 Billion |
Traders warn that Bitcoin could still test the $100,000 support level before stabilizing. With altcoins down sharply and over-leveraged positions wiped out, experts say the ongoing correction could serve as a reset cleansing the market of speculative excess before the next long-term uptrend.
For more information Visit techjuice.