Crypto Liquidations Top $477M as Bitcoin Slips Below $90K – Decrypt

Jan 8, 2026 - 13:30
Crypto Liquidations Top $477M as Bitcoin Slips Below $90K – Decrypt
In brief Bitcoin’s drop below $90,000 has wiped out $478 million in leveraged positions, with longs contributing over 90% to the total liquidations. Major altcoins like Dogecoin, Bonk, Pepe, and ZCash, which posted double-digit gains in the first week, have followed top crypto’s lead and tanked. Analysts attribute the decline to fading early-year momentum, a...

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