📉 Crypto crashes as Bitcoin falls to $81K

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BTC $83,230 (-9.3%) | ETH $2,725 (-9.9%) | SOL $126 (-11.0%)

• Bitcoin flash crashes to $81k as over $1.9B is liquidated from leverage traders over the last 24 hours

• Realized losses on Bitcoin surge to levels not seen since FTX collapse

• The crypto total market cap has largest monthly loss of all time

• Congressman introduces bill to allow taxes to be paid in Bitcoin which would fund a strategic reserve

• Jesse Pollack launches the JESSE token on Zora and it peaks at a $26M market cap

• CRCL returns to its IPO price

• Coinbase introduces ETH-backed loans

• Polymarket odds that Monad’s MON token will open at less than $3B cross 50%

• Strategy faces removal from the Nasdaq 100

• 21 Shares launches leveraged Dogecoin ETF

• The FG Nexus Ethereum DAT sells 20% of their ETH holdings

• Kalshi faces $650M market liquidation risk pending Massachusetts court ruling on sports based prediction markets

• US Treasury Secretary visits Bitcoin bar in New York

• The UK begins major crypto prosecutions as they arrest 2 men in connection with a $28M Basis Markets NFT sale

• IBIT ETF creators are launching Hello Trade on MegaETH — MegaETH USDM deposits open on the 25th