Bitcoin Rejected at $90K; About $250M in Liquidations as Altcoins Widen Losses

Bitcoin failed to sustain a break above 90,000 and slipped back into a retracement over the past 24 hours, while most majors traded lower. BTC is down about 2.5% near $87,5000; liquidations total roughly $250 million with nearly $200 million from longs, according to Coinglass, and altcoins from ETH to BNB also declined.