Bitcoin tumble to 21-month low triggers broad market liquidation

The crypto market just took a heavy punch to the gut. Bitcoin's slide to its lowest price point in nearly two years didn't just rattle retail traders; it sent a shockwave through the entire digital asset board. Major players like Ethereum, XRP, and Dogecoin followed the leader down, wiping out recent gains as the selling pressure intensified across global exchanges. It's a synchronized retreat that shows exactly how tightly the market still clings to the king coin's coattails. The carnage didn't stop at the token level, either. Crypto-linked stocks on Wall Street felt the heat immediately, with shares of miners and exchanges diving alongside the underlying assets. Institutional appetite is facing its first real stress test of the quarter as portfolios bleed red from New York to Tokyo. If the floor doesn't hold at these levels, the leverage flush-out might just be getting started. Will the dip-buyers step up before the psychological support levels turn into permanent ceilings?