The cryptocurrency market opened the week under heavy pressure, with both Bitcoin and Solana recording sharp losses in early Monday trading. Solana fell below $83 for the first time in two weeks, while Bitcoin has dropped under $77,000 amid a wider market selloff.
The sudden decline triggered a wave of liquidations across the crypto market. According to CoinGlass data, traders lost more than $804 million in liquidated positions over the last 24 hours. Long positions accounted for more than $713 million of those losses as bullish traders faced rapid downside moves across major cryptocurrencies.
Bitcoin fell as low as $76,020 according to TradingView data. The move marked a roughly 7% decline from its weekly high of $82,000 and erased nearly all the gains Bitcoin had made since May 1.
The losses came shortly after Bitcoin reached 13-week highs near $83,000 earlier this month. Strong inflows into spot Bitcoin exchange-traded funds and optimism surrounding the proposed US CLARITY Act had supported the asset’s earlier rally.
Trump Comments Add Pressure to Global Markets
Renewed geopolitical concerns appeared to accelerate the crypto selloff. On Sunday, US President Donald Trump issued fresh warnings toward Iran over delays tied to a potential peace agreement. Trump stated that the “clock is ticking,” which added uncertainty to global risk markets during the weekend.
Investors often react quickly to geopolitical instability, particularly in high-risk asset classes such as cryptocurrencies. The latest comments contributed to a broader risk-off environment, pushing Bitcoin lower and intensifying selling pressure across altcoins, including Solana.
The combination of geopolitical concerns, falling prices, and large liquidations created one of the most volatile trading sessions in crypto markets in recent weeks.
Solana ETFs See Strongest Inflows in 21 Weeks
Despite the sharp price decline, institutional demand for Solana investment products remained active. Solana spot ETFs recorded $58.11 million in net inflows over the past week. That figure marked the highest weekly inflow total in 21 weeks and highlighted continued investor interest in Solana exposure despite short-term market volatility.
The inflows suggest that some institutional investors still view Solana as a long-term growth asset even while prices fluctuate aggressively in the short term.
ETF inflows have become an increasingly important indicator for crypto markets because they provide insight into institutional sentiment and capital allocation trends. Strong inflow numbers often signal sustained interest from professional investors, even during periods of market weakness.
Read More on SolanaFloor
PreStocks’ $SPACEX Up 6% as Markets Prepare for Biggest IPO in History
Europe’s Largest Asset Manager With €2.4T AUM Launches Its Tokenized Fund on Solana
How Will Solana React To The Rising Demand For Privacy?
