Bitcoin plunged to $67,000 amid a violent market selloff that triggered $250 million in liquidations across the cryptocurrency sector within just 10 minutes. The rapid price decline wiped out leveraged positions at an unprecedented pace, catching traders off guard as the flagship asset broke key support levels. The massive liquidation event highlights the extreme volatility and risk present in current crypto markets, particularly for highly leveraged traders. The speed of the crash—$250 million in losses over a mere ten-minute window—underscores how quickly cascading margin calls can accelerate downward price movements during periods of heightened selling pressure.