Bitcoin’s price recovery stalled after failing to break through the $116,000 level, plunging more than $4,000 to around $112,000. BTC is currently trading at $110,496.65.
The fall came in the wake of one of the biggest crashes in crypto history, sparked by US President Donald Trump’s new tariff threat against China.
Altcoins saw sharper declines, with BNB plunging more than 11%, while Ethereum, XRP and DOGE each fell between 4–6%.
Bitcoin’s market dominance rose to 57.5% as investors returned to the main asset amid market volatility.
Over 210,000 leveraged traders were liquidated with a total value of $630 million, indicating that volatility remains high in the global crypto market.
