A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.

Bitcoin slipped near the $79,600 mark as the broader crypto market weakened amid inflation concerns and cautious investor sentiment. Analysts said traders are closely tracking US…

Crypto markets weakened as inflation fears hit risk assets, triggering long liquidations, negative derivatives flows and renewed pressure on altcoins.