📉 A strong shock hits the crypto market. What is happening?

The market experienced a violent sell-off last night, with Bitcoin dropping from 88 thousand to 84 thousand in an hour, then continuing to fall to 81 thousand, the lowest level in 9 months.

Ethereum reached 2689 and Solana was heavily affected, with most major currencies losing between 5% and 10%.

The cause of the drop is attributed to the decline in gold and U.S. stocks, geopolitical tensions, and economic fears.

🔥 In just one hour, long positions worth over 770 million dollars were liquidated!

This movement appears to be a cleanup of leverage, not necessarily the beginning of a new crash, but caution is required.

$BTC $XRP $PAXG