Bitcoin Down 7%, Ethereum, XRP, Dogecoin, Shiba Inu Plunge Over 10% As $1.48 Billion Liquidation Tsunami Hits

The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420. Major altcoins also suffered losses, with…