Bitcoin dropped hard — over 3% to $78,000 — as $500M in leveraged longs were liquidated and $134M in crypto futures got wiped across the board. Solana and XRP each fell 5%. THORChain halted operations after a suspected $10–11M exploit. BlackRock's IBIT led $290M in Bitcoin spot ETF outflows. We break it all down with no hype, just clarity.

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