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Bitcoin price today crashes to $88,000: Why BTC USD is falling as the crypto market loses $80 billion and liquidations hit $500 million

Bitcoin price crash today: Bitcoin's brief rally above $90,000 has evaporated, with the cryptocurrency now trading at a five-day low of $88,000. This downturn has triggered widespread liquidations exceeding $500 million, impacting major altcoins like Ethereum, XRP, SOL, DOGE, and ADA. The broader crypto market cap has also shed $80 billion, reflecting a cautious sentiment.