Cryptocurrencies continued to this week’s decline on Tuesday, with altcoins in near-freefall as bitcoin (BTC) slid further from the $100,000 level.

Among the worst-hit cryptos were XRP, Polkadot (DOT), Litecoin (LTC), Aptos (APT) and Cardano (ADA), down 15%-18% over the past 24 hours, extending Monday declines. The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding memecoins, stablecoins and exchange coins — tumbled almost 10% Most cryptos in the index plunged by double-digit percentage amount at the minimum, though Ethereum’s ether (ETH) and Solana’s SOL fell just 8% and 9%, respectively.

Bitcoin, in comparison, held up relatively well compared to the rest of the market, dipping to $95,000 and down nearly 3% over the past 24 hours.

Cryptocurrencies had already plunged on Monday, triggering one of the largest leverage flushes in years liquidating over $1.5 billion of bullish derivatives positions. Tuesday’s fall so far forced $450 million in liquidations across all digital assets, mostly bullish bets, CoinGlass da

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Author: Krisztian Sandor, Tom Carreras