Crypto Market Bloodbath: Why Prices Are Crashing Today and Recovery Outlook
The crypto world is reeling from a massive sell-off. The total market cap dropped nearly $291 billion at one point on Saturday, with Bitcoin leading the charge downward. Right now, the market sits at about $2.63 trillion after a partial bounce back. But why is this happening? In this post, we break down the
The Big Picture: A $291 Billion Wipeout
The total crypto market cap, often called TOTAL, saw wild swings. It plunged hard intraday before clawing back some losses, ending the day down around $183 billion. This leaves it hovering near $2.63 trillion. Risk appetite is low across global markets, making crypto extra…
