Bitcoin correction update: -66% from its all-time high, lowest level since December 2020. The margin call begins….

Bitcoin correction update: -66% from its all-time high, lowest level since December 2020. $BTC pic.twitter.com/4MZkPgXTrM

— Charlie Bilello (@charliebilello) June 13, 2022

For all the attention crypto may grab here – if this is really breaking, it is THE SINGLE BIGGEST event in macro so far this year and if you have been following me more than a month you know that is saying a LOT in this Year of the Tails. This will shake cross-asset to the core. t.co/oPLleKORGo

— Paulo Macro (@PauloMacro) June 13, 2022

pic.twitter.com/CpFI5Fcpap

— Nate Anderson (@ClarityToast) June 13, 2022

Algo stablecoin USDD is falling off its peg. pic.twitter.com/vaBN3rPGud

— Fed Up Cassandra (@Frances_Coppola) June 13, 2022

The margin call begins. pic.twitter.com/1lab7uFfSQ

— Mac10 (@SuburbanDrone) June 13, 2022

“Welcome back, Mr. Diamond Hands!

How was your trip to the moon?

Ready to flip some Non-Fungible Patties, anon?

Welcome to the MEATaverse lmfaooo” pic.twitter.com/7dzhKovKCy

— litquidity (@litcapital) June 13, 2022

With #Bitcoin dropping below key support at $25K and #Ethereum below 1300, the combined market cap of nearly 20K #cryptos has broken below $1 trillion, from a record-high of $3 trillion. That's $2 trillion down, $1 trillion left to go. The last trillion will be the most painful.

— Peter Schiff (@PeterSchiff) June 13, 2022