Bitcoin’s sudden drop below $60,000 wiped out $2.7 billion in leveraged positions, but a rapid rebound, major institutional moves, and a potential Uniswap ETF are reshaping the crypto outlook.

Bitcoin crashed below $75,000, wiping out $2.5 billion in leveraged positions while whales quietly accumulated $3 billion in BTC. From mass liquidations and altcoin losses to institutional buying and geopolitical crypto headlines, here’s what today’s chaos really means for the market.