Bitcoin Slides Below $115K as Market Cap Plummets Amidst Liquidations

Bitcoin recently experienced a significant drop, falling below $115,000. This decline was fueled by $500 million in liquidations and ongoing volatility. Dogecoin suffered a sharp price decline following Qubic’s planned attack, while Pump.fun emerged as one of the biggest losers. The broader crypto market has also experienced a 3.4% decrease, signaling a significant correction across major assets.