Crypto markets are back in panic mode after Bitcoin price plunged toward the $60,000 level, wiping out weeks of gains and dragging the total crypto market capitalization toward a critical support zone near $2 trillion. With more than $1.85 billion in liquidations, Bitcoin ETF outflows nearing $10 billion, and the Crypto Fear & Greed Index collapsing to 13, traders are once again asking the same question: When is crypto going back up?

Why Is Crypto Crashing Right Now?

The latest selloff is being driven by technical weakness, institutional outflows, liquidation pressure, and worsening sentiment hitting markets simultaneously. Bitcoin first triggered the breakdown after repeatedly failing to reclaim the $78,000–$80,000 resistance…