$750B In Bitcoin, ETH, XRP Liquidated, Here’s Why
The crypto market crash began in the early Asian hours on Friday, with Bitcoin (BTC) price slipping below $105K. The global crypto market cap also tumbled nearly 3% from $3.45 trillion to $3.30 trillion, that’s $150 billion erased from the crypto market in just under 24 hours.
Top altcoins including Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and SUI tumbled 3-6%. Meme coins suffered the most, with both Dogecoin (DOGE) and Shiba Inu (SHIB) falling nearly 11% in the last 24 hours.
Moreover, the Crypto Fear & Greed Index has dropped from 74 to 60 today, indicating a shift to slight bearish sentiment among investors.
Here’s Why the Crypto Market Is Crashing Today
$750 Million in Crypto Liquidations
Crypto liquidations crossed $750…