🚨 URGENT: CRYPTO MARKET "ON FIRE" – $99 BILLION IN MARKETPLACED! 🚨
A devastating shock has just swept through the financial markets! Bitcoin has broken through all support levels, and Altcoins are "freefalling" in extreme panic. Here's what's really happening:
⚡ THE "COLLAPSE" AND THE NUMBERS SPEAK FOR THEMSELVES
Market capitalization: $99 billion evaporated in just 24 short hours.
Massive liquidation: Nearly $800 million worth of long positions wiped out, triggering a chain sell-off.
Bitcoin (BTC): Fell below $70,000, hitting its lowest level in 15 months.
Altcoins "crashed": XRP plummeted the most, nearly -17%, followed by $BNB, #ETH, and $SOL with classic drops of 9% to 11%.
🌪️ WHY DID THE MARKET "CRUEL"?
Fed personnel shock: The nomination of Kevin Warsh as Fed Chairman fueled investor fears of a harsh era of monetary tightening.
Cold shower from the Treasury: Scott Bessent declared he has no authority to force banks to buy crypto, extinguishing hopes for an upcoming regulatory support policy.
Surge in sell-offs: Bitcoin ETFs withdrew a net $270 million, coupled with selling pressure from the Bhutanese government, creating a "perfect storm."
#CryptoNews #BitcoinCrash
#MarketUpdate #TradingSignal