Bitcoin's price dropped from approximately $90,700 to a low of $87,017, leading to the liquidation of $426 million in long positions across major cryptocurrencies. Data from CoinGlass indicates that Bitcoin accounted for the largest share of these liquidations at $136 million, followed by Ethereum with $117 million and Solana with $26 million. The decline in Bitcoin's price coincided with a downturn in U.S. stock futures. The Dow Jones futures fell by 137 points to 47,592, S&P 500 futures decreased by 33 points to 4,826, and Nasdaq futures dropped by 159 points to 25,322. As of the latest update, Bitcoin was trading at $87,161.