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Bitcoin’s $77K crash exposes the fragile core of crypto’s boom
Bitcoin’s drop below $77,000 was not a routine correction, according to analysts. It was a stress test - and the market failed it. Roughly $800 billion in value has reportedly been wiped out since October’s peak near $126,000, pushing Bitcoin out of the global top 10 assets and triggering more than $2.5 billion in forced liquidations in a single day. The move matters because it reveals what this bull market was built on: leverage, thin liquidity, and the assumption that buyers would always appear. When geopolitical risk rose and the dollar strengthened, that assumption collapsed. What followed was not panic ... (full story)
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