Bitcoin Briefly Crashes Below $90,000 As Ethereum, XRP, Dogecoin Drop Causes $1B In Liquidations

Bitcoin briefly dipped below $90,000 before recovering above $91,000 on Tuesday morning, causing over $1 billion in liquidations.

Spot Bitcoin ETFs recorded $254.5 million in net outflows on Monday, while Ethereum ETFs saw $182.8 million in net outflows.

Is It Over For Bitcoin?

Ted Pillows noted that BTC has now filled the CME gap and broken decisively below $90,000.

The critical zone is $88,000–$90,000, where a full liquidity sweep could carve out a local bottom, though a deeper capitulation wick remains on the table before any meaningful reversal.

Crypto Seth added that whale buying into the $89,000 flush shouldn’t be viewed as …

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