Bitcoin Bloodbath: BTC Sinks 45% From High, $1.28 Trillion Erased; Ethereum Falls 10%

• Bitcoin has plummeted to its lowest point since 2024, falling over 10% in the last 24 hours to the $65,500-mark.
• BTC has crashed over 45% from its all-time high of $126,272, wiping out $1.28 trillion from its market capitalization.
• Ethereum, the second-largest cryptocurrency, dropped 10% in 24 hours to $1,918 and 30% over the past seven days.
• Altcoins like Solana, BNB, Bitcoin Cash, and meme coins such as Dogecoin also experienced significant drops, up to 16%.
• The current downturn follows a rally linked to Donald Trump's pro-cryptocurrency stance and record ETF inflows in early 2025, with investors now exiting Bitcoin ETFs.