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Trading below $104,000 at the time of writing on tuesday, the. Traders pinpoint the $88,000 to $95,000 range as a potential bottom In brief total crypto market liquidations topped $2 billion over the last day, led by ethereum and bitcoin

Bitcoin fell under $100,000 for the first time in six months tuesday, dipping to about $99,000 before rising again Eth’s drop comes amid a marketwide pullback affecting nearly all tokens from majors to memecoins. Bitcoin tapped the $100,000 level on tuesday, triggering over $1 billion in liquidations amid continued etf outflows

Major altcoins including ethereum, xrp, and dogecoin have plunged around 10%.

Bitcoin, meanwhile, is treading dangerously close to the psychological level of $100,000 Bitcoin opened the day at $106,557 and dipped as low as $100,050, according to marketwatch

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