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.

Bank of America is officially warming to crypto, advising wealth managers to allocate up to 4% of portfolios to digital assets. With Bitcoin above $92,000, Ethereum crossing $3,000, and institutional inflows accelerating, could this be the catalyst for a major 2026 bull run?