Bitcoin Crumbles to New Low, XRP Suffers Major Drop as Crypto Market Suffers $2 Billion Liquidation Wave

Crypto markets experienced a brutal session on Friday, marked by a historic collapse in Bitcoin and significant losses for XRP. Bitcoin plummeted to a new record low of $82,000, triggering a cascading chain of liquidations worth nearly $2 billion across the market. This dramatic drop comes after Bitcoin lost over $10,000 this week, culminating in a decisive break below its previous support level at $85,000.