🚨 CRYPTO LOST NEARLY $95 BILLION IN JUST 2 DAYS!
$MASK MASK COIN
The crypto market has just experienced a notable sell-off.
📉 Key figures:
* November 7: Market cap around $2.575 trillion.
* November 9: Market cap down to around $2.48 trillion.
* Market cap decline: Nearly $95 billion!
🔥 Key pressures:
* Bitcoin and Ethereum fell to their lowest levels in over 2 months.
* ETF inflows weakened.
* Concerns about crypto regulation after the U.S. election.
* A Binance security incident shook market sentiment.
* More than $1 billion in futures positions were liquidated in the past 24 hours.
🐋 Ca Voi San Day's take:
The disappearance of $95 billion in market cap signals heavy selling pressure. But don't confuse a decline in market cap with an equivalent amount of cash being withdrawn.
💬 Do you think the market is close to bottoming, or could Bitcoin fall even further?
#Bitcoin #CryptoMarket #CryptoCrash #BTC #CaVoiSanDay
$MASK MASK COIN
The crypto market has just experienced a notable sell-off.
📉 Key figures:
* November 7: Market cap around $2.575 trillion.
* November 9: Market cap down to around $2.48 trillion.
* Market cap decline: Nearly $95 billion!
🔥 Key pressures:
* Bitcoin and Ethereum fell to their lowest levels in over 2 months.
* ETF inflows weakened.
* Concerns about crypto regulation after the U.S. election.
* A Binance security incident shook market sentiment.
* More than $1 billion in futures positions were liquidated in the past 24 hours.
🐋 Ca Voi San Day's take:
The disappearance of $95 billion in market cap signals heavy selling pressure. But don't confuse a decline in market cap with an equivalent amount of cash being withdrawn.
💬 Do you think the market is close to bottoming, or could Bitcoin fall even further?
#Bitcoin #CryptoMarket #CryptoCrash #BTC #CaVoiSanDay
