The cryptocurrency market experienced a wave of liquidations totaling over $210 million in leveraged long positions. This surge in liquidations followed a notable decline in the prices of major digital assets, with Bitcoin dropping toward $81,000 and Ethereum approaching $2,300.
The market downturn has impacted sentiment on prediction platforms, specifically regarding the asset Hyperliquid. The probability of Hyperliquid reaching a $100 benchmark by the end of 2026 has fallen to 38.5 percent, down from 44 percent recorded on the previous day.
Market participants are currently tracking the price volatility of Bitcoin and Ethereum to assess further risks. Future fluctuations in these major assets, alongside potential macroeconomic shifts and specific project developments, are expected to influence ongoing price predictions.
