Crypto Market Meltdown Explained: $120 Billion Wipeout Hits Hard as Bitcoin Dives Below $90K
What Triggered Today’s Massive Crypto Crash?
The crypto market is bleeding red right now. In the last 24 hours, the total market cap has shed over , dropping from a key $3 trillion level to around $2.98 trillion. Bitcoin, the market leader, has plunged below $90,000, while privacy coin Monero took the hardest hit with a 21% drop under $500. If you’re wondering why the crypto market is crashing today, we’ve got the full breakdown with clear insights and key levels to watch.
The Scale of the Damage: A Quick Market Snapshot
The total crypto market cap, tracked as TOTAL on charts, faced a sharp sell-off. This rapid $120 billion loss broke through the psychologically important $3 trillion barrier. Right now, it’s holding near $2.98…
