The crypto market is experiencing a significant downturn, with Bitcoin's price falling below $112,000 and Ethereum dipping under $4,000. This decline has resulted in a staggering loss of over $162 billion in market value overnight, bringing the total market cap to $3.81 trillion. The surge in liquidations, exceeding $400 million, highlights the volatility and risks associated with cryptocurrency investments. Understanding these fluctuations is crucial for investors and enthusiasts alike, as they navigate this unpredictable landscape.

The latest news from the crypto market reveals a continued downtrend, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) struggling against the US dollar. BTC is trading around $112,000, down 1.4%, while ETH hovers just below $4,200. This decline is significant as it reflects the ongoing volatility and challenges within the crypto space, impacting investor confidence and market stability.