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Bitcoin tumbles as crypto liquidations hit 2.5 billion in one violent selloff
Economy
Published on 24 April 2026
A single wave of leverage wiped out billions fast
Bitcoin liquidation losses surged to about $2.56 billion as market volatility spooked investors. Heavy selling spilled beyond crypto into other riskier assets like stocks and precious metals. The broader selloff was intensified by rising anxiety about the evolving AI landscape, alongside additional external market pressures that dented confidence and triggered rapid position closures.
- Bitcoin liquidations totaled about $2.56 billion amid extreme volatility
- Selling pressure spread to stocks and precious metals alongside crypto
- Investor anxiety tied to AI developments helped drive risk-off sentiment
- Leverage unwind accelerated the damage in a fast-moving selloff
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times