📰 24 Hour Crypto Report — Market Crash Update
📉 Major Market Crash
In the last 24 hours, the crypto market has seen a severe downturn. Bitcoin (BTC) has dropped nearly 5–6% and traded between $86,000 – $86,300.
Ethereum (ETH) has also witnessed a decrease of about 5–6%, and other major altcoins like Dogecoin (Doge), Solana (SOL), and Cardano (ADA) have also significantly declined.
🧨 Impact on Market Cap and Liquidations
As a result of this crash, approximately $140–$162 billion (USD) in market value has been wiped from market cap.
Additionally, millions of trading positions were liquidated — especially long positions — which has triggered further selling in the market.
🔻 Performance of Major Coins (last 24h):
Bitcoin (BTC): approximately –5% to –6%
Ethereum (ETH): approximately –5% to –6%
Dogecoin (DOGE): approximately –5% to –8%
Solana (SOL): approximately –6% to –7%
Cardano (ADA): approximately –7% to –8%
The market is in a "risk-off" mode — investors are shying away from risk and preferring cash.
Some experts believe the reason for the crash was due to the combination of market liquidity and bearish sentiment.
