Global crypto market: A turbulent week of sell-offs, innovation, and regulation
The global cryptocurrency market experienced a volatile week, marked by sharp sell-offs, regulatory breakthroughs, corporate maneuvering, and new signs of mainstream adoption, News.az reports.
Bitcoin and Ethereum, the two largest digital assets, led a market-wide correction that erased billions of dollars in value, while major tech firms and regulators announced initiatives that could shape the industry’s long-term trajectory.
Massive Sell-Off Shakes Market
Early in the week, the crypto sector was rattled by one of its sharpest downturns in recent months. A wave of liquidations swept across derivatives exchanges, wiping out more than $1.7 billion in leveraged positions. Bitcoin plunged below…
