Crypto Market Suffers Major Liquidations as Bitcoin and Ethereum Face Volatility

The cryptocurrency market experienced significant volatility over the past 24 hours, resulting in over $440 million in liquidations of leveraged positions. Ethereum was particularly impacted, with more than $170 million in liquidations alone, followed closely by Bitcoin which saw approximately $101 million in losses. These drastic shifts suggest a fragile market landscape despite recent upward trends.