Crypto Market Volatility
The total market cap plunged 4% to $2.94 trillion, with Bitcoin dipping below $86,000—a 4% drop—and Ethereum sliding under $3,000. Altcoins got hammered too, like Solana amid DDoS chatter (though no real impact) and XRP facing volatility. Broader sell-offs hit DePIN tokens hardest, down 6%, fueled by macro fears, Japan rate hike bets, and China mining shutdowns that tanked hash rates 8%.
This chaos triggered $667 million in liquidations, smashing 193,915 traders—mostly longs at $584 million. Ethereum led with $465K wiped, followed by XRP and BTC. Ouch—that's a 162% spike in 24-hour damage.
Politically, the Senate punted the crypto market structure bill to 2026, ditching any 2025 hearing. This delay's a gut punch, stoking uncertainty and feeding the dip. But Trump's admin has the SEC easing up on connected firms, dropping cases like Binance and Ripple, hinting at a pro-crypto shift. Short-term, it amplifies risk-off vibes; long-term, clearer rules could spark a rebound.
Hang tight—volatility's the game, but bulls eye 2026 gains.
Stay tuned for tomorrow’s pulse!
#NewHighOfProfitableBTCWallets
