DeFi Stability Concerns Deepen as Stablecoins and Lending Protocols Face Major Stress

Bitcoin has dropped below $102,000 amid a broad crypto market selloff, with liquidations and de-risking pressure heavily impacting sentiment. Macro indicators are mixed, as U.S. equity markets see crypto-related stocks sharply lower and systemic risks in DeFi protocols prompt capital flight from stablecoins. Major lending and stablecoin platforms are experiencing liquidity issues, further undermining overall market confidence.