{"id":192122,"date":"2026-06-24T20:31:34","date_gmt":"2026-06-24T17:31:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/crypto-market-crash-bitcoin-ethereum-liquidations-surge\/"},"modified":"2026-06-24T20:31:34","modified_gmt":"2026-06-24T17:31:34","slug":"crypto-market-crash-bitcoin-ethereum-liquidations-surge","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/crypto-market-crash-bitcoin-ethereum-liquidations-surge\/","title":{"rendered":"Crypto Market Plummets: Bitcoin and Ethereum Lead Downturn"},"content":{"rendered":"
A broad market decline has swept through both leading digital assets and high-risk altcoins, deepening cautious sentiment among investors.<\/p>\n
The total cryptocurrency market capitalization has retreated to approximately $2.07 trillion. Sentiment has soured significantly, with the Fear and Greed Index crashing to 17 points, signaling a state of \u201cextreme fear\u201d among market participants. Meanwhile, the Altcoin Season Index remains at 47 out of 100, indicating that capital remains concentrated in highly liquid assets rather than shifting toward riskier tokens.<\/p>\n\n
At the time of writing, Bitcoin is trading at $59,700, marking a decline of over 4% in the last 24 hours and a nearly 9.4% drop over the past week. The market capitalization of the flagship digital asset has fallen by 4% to $1.19 trillion.<\/p>\n\n
\n Ethereum has similarly struggled, dropping 4.4% within the day to a price of $1,584. Its weekly losses have now exceeded 10%.<\/p>\n Selling pressure extended across other major cryptocurrencies. XRP retreated by nearly 4%, Solana lost over 3.5%, and Dogecoin saw a decline of almost 6%.<\/p>\n Among more volatile assets, Hyperliquid plummeted by over 21% in a week, while Zcash recorded a drop of nearly 20%.<\/p>\n The sell-off is occurring against a backdrop of intensified concerns regarding market liquidity, persistent pressure from high U.S. interest rates, and a diminishing appetite for risk among institutional investors.<\/p>\n\n
<\/figure>\n<\/p>\n\nLiquidations Hammer Long Positions<\/h2>\n