Why is the crypto market dumping?
$200 billion** wiped from crypto in the last 48 hours. **$BTC dropped below $81,000, **$ETH ** below $2,450, and **$1.4 billion** in longs got liquidated.
Key reasons:
1. Trump said he may restart attacks on Iran
2. Research warning that AI could break cryptography before quantum does
3. The US government moving billions in BTC
4. Hawkish FOMC minutes suggesting one more rate hike in 2026
That's a lot of bad news stacked into 48 hours. The liquidations feed on themselves — forced selling pushes price down, which triggers more liquidations. Until that cascade exhausts, bounces tend to get sold.
$SOL
$200 billion** wiped from crypto in the last 48 hours. **$BTC dropped below $81,000, **$ETH ** below $2,450, and **$1.4 billion** in longs got liquidated.
Key reasons:
1. Trump said he may restart attacks on Iran
2. Research warning that AI could break cryptography before quantum does
3. The US government moving billions in BTC
4. Hawkish FOMC minutes suggesting one more rate hike in 2026
That's a lot of bad news stacked into 48 hours. The liquidations feed on themselves — forced selling pushes price down, which triggers more liquidations. Until that cascade exhausts, bounces tend to get sold.
$SOL