📰 24 Hour Crypto Report — Market Crash Update

📉 Major Market Crash

In the last 24 hours, the crypto market experienced a severe decline. Bitcoin (BTC) dropped approximately 5–6% and traded between $86,000 – $86,300.

Ethereum (ETH) also saw a decline of about 5–6%, and other major altcoins like Dogecoin (Doge), Solana (SOL), and Cardano (ADA) fell significantly.

🧨 Impact on Market Cap and Liquidations

As a result of this crash, approximately $140–$162 billion (USD) in market value was wiped out from market cap.

At the same time, millions of trading positions were liquidated — particularly long positions — which led to further selling pressure 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%

Market is in a “risk-off” mode — investors are averse to risk and prefer cash.

Some experts believe the reason for the crash was that market liquidity and bearish sentiment came together.$BTC