After a violent washout across crypto markets, traders are watching the Bitcoin price today for signs of whether this is a late-stage flush or the start of a deeper leg lower. Bitcoin (BTCUSDT) is trading around $71,400–71,500 after a brutal washout that has knocked total crypto market cap down more than 5% in 24 hours and roughly half a trillion dollars over the past week. BTC dominance is back near 57%, which tells you this is a Bitcoin-led risk-off move, not just random altcoin noise.