Crypto markets bleed as bitcoin hovers above liquidation zone

The cryptocurrency markets are experiencing significant downturns, characterized by a sharp decline in prices, while Bitcoin, the leading digital currency, is precariously positioned just above a critical threshold known as the liquidation zone, where many investors may be forced to sell their holdings to cover leveraged positions. This unstable situation raises concerns among traders and analysts, as they closely monitor market trends and indicators that could signal further volatility or potential recovery. source: https://www.coindesk.com/markets/2026/02/24/crypto-markets-bleed-as-bitcoin-hovers-above-liquidation-zone