SPX6900 Price Prediction Following Major Crash and Over $1B in Crypto Liquidations
The crypto markets have recently faced a significant downturn, triggering widespread panic among investors. Cryptocurrencies have witnessed an 8% drop in total market cap, while meme coins alone have fallen by approximately 9% over a 24-hour period.
A sharp sell-off across major altcoins has led to a sea of red in the market, accompanied by a steep decline in broader financial indices. Among these, the SPX6900 index has also experienced a notable pullback, falling by approximately 16% over a 12-hour timeframe.
This correction follows an impressive bullish run that had previously seen SPX6900 reach its all-time high, successfully hitting earlier take-profit targets.
The rapid decline coincides with multiple negative…
