Over $100 Billion Wiped Out From the Crypto Market
In just a short time, the global crypto market lost more than $100 billion in total market value as prices saw a sharp pullback. Bitcoin and major altcoins dropped below key support levels, triggering mass liquidations and panic selling.
This wasn’t money physically leaving wallets — it was a valuation reset, driven by: • High leverage getting liquidated
• Short-term fear and profit-taking
• Broader macro uncertainty and risk-off sentiment
