Bitcoin slides below $88K, triggering $135M in crypto long liquidations in the past hour

Bitcoin dropped under $88,000 on Sunday, erasing a

Bitcoin dropped under $88,000 on Sunday, erasing around $135 million in crypto longs in the past hour amid renewed selling pressure across digital asset markets.

Ethereum and BNB declined by more than 2% in the past 24 hours, as XRP and Solana each slid over 3%.

Despite the weekend selloff, crypto bulls showed little sign of pulling back. Michael Saylor, executive chairman of Strategy, the largest corporate holder of Bitcoin, hinted at another potential purchase.

The company currently holds 709,715 BTC valued at more than $62 billion following last week’s acquisition.

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