Bitcoin Holds, Altcoins Bleed — TradingView News
Bitcoin traded around $105,200 today, struggling to recover from last week’s flash crash that shook the entire crypto market. Bitcoin led the losses with about $344 million wiped out, followed by Ethereum at $201 million and Solana at $97 million.
Other major tokens like XRP and Dogecoin also saw tens of millions cleared from open interest as the sell-off erased massive leveraged bets across the market.
Most altcoins are still deep in the red, while fear levels among traders are at their highest in months. The sudden drop brought back memories of the March 2023 sell-off when market stress hit both crypto and traditional finance.
Altcoins Suffer Heavy Losses
According to crypto analyst VirtualBacon, the recent crash was one of the most…
