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In the last 3–5 days, the crypto market has lost hundreds of billions in value, dragged down by geopolitical fear and global risk-off mode.
#Bitcoin ($BTC ): -8% to -10% from recent highs → $100–130B in capitalization evaporated (now around $67–70K, cap ~$1.35T)
Ethereum ($ETH ): -9% to -12% → $20–30B wiped out (trading at $1,950–2,000, cap ~$238B)
Total Market Cap: has sharply retreated from the peaks of March → now at $2.31–2.39T, with persistent pressure
📉 Macroeconomic context:
Oil up + fear that the US–Iran conflict will prolong → hits stocks, crypto, and high beta assets.
Gold and safe havens perform better → classic flight to quality.
⚖️ The big question:
Are we facing a capitulation… or just the beginning of a new wave of deleverage?
Stay alert. Do your own research.
This is not financial advice.