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📊 Crypto Market Cap This Week

📉 Total crypto market cap dropped from ~$3.14T → ~$2.93T over the past week,

a ~6.7% weekly decline as risk sentiment weakens.

💡 This puts the overall market at levels not seen since April, signaling a pullback after October’s peak.

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💥 Liquidations This Week

🧨 Forced liquidations have spiked as prices dipped:

🔥 $573M+ liquidated recently across BTC, ETH, XRP and other assets.

BTC accounts for ~$205M

ETH ~$156M

Most were long positions, meaning traders betting on higher prices got stopped out.

📉 Another report shows roughly $592M wiped out in a single session amid sharp market swings.

💡 Low liquidity + volatility zones increase liquidation risk, especially around key price levels.