The crypto market is bleeding red today โ BTC is down sharply, and most altcoins are following even harder. Hereโs whatโs going on ๐
๐จ 1. Strong US Dollar & Fed Policy
The U.S. dollar index (DXY) is rising again, and the Federal Reserve hinted it might delay interest rate cuts. Thatโs bad news for risky assets like crypto.
๐ฅ 2. $1B+ in Liquidations
Over a billion dollars in long positions got liquidated in 24 hours! Once that wave hits, prices fall fast โ especially in smaller altcoins.
๐ 3. ETF Outflows & Profit-Taking
Institutional investors are taking profits, and Bitcoin ETFs saw heavy outflows this week. Less new money = weaker prices.
๐งฉ 4. Altcoins Hit Harder
As traders move back to Bitcoin for safety, low-liquidity altcoins are dropping even faster. Bitcoin dominance is rising again.
๐ฌ Bottom Line:
Markets are reacting to macro pressure not just crypto news. Stay calm, manage risk, and remember: volatility is part of the game #BTC #CryptoCrash #Altcoins #Bitcoin #CryptoNews