🚨 MARKET SHOCK: Crypto hit by an overnight sell-off as fear returns
The crypto market was rocked by a brutal overnight sell-off, wiping out recent recovery attempts and reigniting risk-off sentiment across the board.
Bitcoin slid to $85,000, erasing short-term gains in a matter of hours. Ethereum followed with a sharp drop toward $2,900, while altcoins were heavily pressured, many recording double-digit losses in a very short time frame.
The speed of the move caught traders off guard. What initially appeared to be early signs of stabilization quickly unraveled, triggering forced selling as liquidity thinned and stop-losses cascaded.
Volatility spiked, leverage was flushed out, and market sentiment shifted decisively back toward caution. The recovery narrative is now on pause as participants reassess whether this move represents a final shakeout—or the early stages of a deeper corrective phase.
⚠️ Fear has returned. The market is searching for a bottom, and the next reaction could be highly volatile.
#downtrend #CryptoMarket #BTC 🔥🔥🔥
