Today, cryptocurrencies, led by Bitcoin, made a collective dive. Bitcoin once fell below $90,000 in the intraday period, Ethereum once fell nearly 5%, and XRP plummeted nearly 8%. According to Coinglass data, within 24 hours, the cryptocurrency market's entire network contract liquidated more than 460 million US dollars, and the number of liquidated positions reached 127,700.

Today, cryptocurrencies, led by Bitcoin, made a collective dive. Bitcoin once fell below $90,000 in the intraday period, Ethereum once fell nearly 5%, and XRP plummeted nearly 8%. According to Coinglass data, within 24 hours, the cryptocurrency market's entire network contract liquidated more than 460 million US dollars, and the number of liquidated positions reached 127,700.