A brutal overnight session saw over $563 million in leveraged long positions liquidated as Bitcoin slipped under $77,000. Rising Treasury yields and geopolitical shocks from the Strait of Hormuz triggered a risk-off wave across the entire crypto market.

In today's Generational Wealth morning recap, we break down the liquidation cascade, Bitcoin Depot's going-concern notice after a 49% revenue collapse, HYPE token's surprising 7–10% surge, Ethereum's decline near $2,120, and what Poland's new MiCA-aligned crypto law means for European adoption.

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