Bitcoin, Ethereum, XRP, Solana Sink, 413,029 Leveraged Traders Lose $1.2 billion
Bitcoin suffered heavy losses in Monday’s trading session. The top cryptocurrency momentarily fell near $100,000, a 4–5% decrease over 24 hours. According to Binance data, ADA and DOGE experienced double-digit losses, while ETH SOL and BNB turned the crypto space into the Red Sea.

The BTC/USD pair saw a significant selloff at the start of the week, initially encountering resistance in the $102.5K range. After breaking through the crucial 100.5K level, this downward pressure led to a deeper retracement and briefly near the psychological $100k threshold. The crypto community is alarmed by this sharp drop, which increased concerns about sustained bearish momentum.
The TRUMP coin, the most-traded digital asset on Binance over the weekend, reportedly lost liquidity to the MELANIA token and surged to$13. Some analysts believe that the wild trading in TRUMP and MELANIA coins is a sign of the bull market’s FOMO phase and may cause a higher correction in Bitcoin.
Trump’s memecoin launch is seen by many analysts and executives in the crypto industry as a sign that the sector will grow significantly under the next president. The launch of the meme coin has been described by critics as a political “grift” as many other celebrity meme coins will probably see a sharp decline in value.

