🩸 Crypto Market Bloodbath: $500 Billion Gone in a Week, $1.7 Trillion Since Peak! 📉
The cryptocurrency market is experiencing a severe selloff, wiping out significant value and pushing total market capitalization to critical levels. This brutal storm signals widespread panic among investors.
Over the past 7 days, nearly $500 billion has been erased from the total crypto market cap. This rapid decline highlights intense selling pressure across the board. 📉
Looking at the bigger picture, the market has shed a staggering $1.7 trillion since its peak in October. This massive figure points to a significant liquidity drain in the current cycle. 💰➡️📉
Bitcoin ($BTC) is driving this bearish trend. As the leading cryptocurrency falters, it triggers a domino effect, causing a widespread collapse in the broader Altcoin market. 📉🔥
With trillions of dollars exiting the ecosystem, a key question emerges: Where will this historic correction find its bottom?
News is for reference, not investment advice. Please read carefully before making a decision.