Summary of all information on why the market #crypto crashed in the past 24 hours

❗ 1. #CPI The US just announced – lower than expected

Core CPI MoM only 0.1%, lower than the forecast of 0.3%

Overall CPI MoM negative 0.1%, causing a big surprise

→ The market fears the Fed will soon cut interest rates, causing the USD to drop, and strong fluctuations in capital flow.

❗ 2. #Altcoin and #memecoin were "dumped"

Many memecoins have increased 5x – 10x in a few weeks → investors are starting to take profits en masse

For example: $PEPE , $WIF , $MOODENG, $PNUT all decreased by 10–30%

❗ 3. Unstable investor sentiment

Bad news in a "half good – half bad" manner causes the market to swing in both directions

No one dares to "hold long" → many people exit early

❗ 4. The market is too hot

The influx of capital into coins recently has been too fast

There is no clear adjustment rhythm, so this time selling off is an opportunity to "reset" everything.

❗ 5. High leverage being liquidated

Many people use margin and futures at high ratios

→ When prices drop, orders are liquidated en masse, further pulling prices down.