Bitcoin has plunged to a seven-month low, triggering a wave of turmoil in the global cryptocurrency market. After reaching all-time highs in the $80,000-$90,000 range last November, the price of the leading digital currency has fallen to its lowest levels since September 2025. This drop has been accompanied by a precipitous decline in the total market capitalization of cryptocurrencies - by more than $1 trillion in recent weeks.

The sharp market movement resulted in the liquidation of over $21 billion in traders' positions around the world, which was the largest wave of liquidations in the last 12 months. Analysts note that such large-scale losses are associated with high volatility and mass withdrawal of investors from risky assets amid growing macroeconomic uncertainty.

Experts emphasize that such corrections are an integral part of the development of the cryptocurrency market, although they are accompanied by significant financial losses for participants. Despite the current decline, the long-term prospects for bitcoin and other digital assets retain interest among institutional and retail investors, and the dynamics of recovery will depend on further macroeconomic factors and industry regulation.

• Bitcoin hit a seven-month low after falling from all-time highs.
• Cryptocurrencies' market capitalization has shrunk by more than $1 trillion.
• Over $21 billion of traders' positions have been liquidated.