The crypto market crash accelerated dramatically as Bitcoin (BTC) price slumped below $90,000 on Tuesday, marking a 28% drop in one month. The global market has lost over $1.20 trillion recently, with the total cap now at $3.08 trillion.

Massive selling triggered over $1 billion in liquidations across major cryptocurrencies, including Ethereum (ETH), XRP, BNB, and Solana. ETH hit a five-month low of $2,948. Investor sentiment is in “extreme fear” (Index 11).

The crash continues despite El Salvador buying 1,090 BTC, with a notable warning that BTC could drop further to $55K if historical patterns repeat.