$BTC The cryptocurrency market has experienced a wave of panic and volatility following reports of billions of dollars flowing out of Binance-labelled wallets. Bitcoin plunged below $77,000, triggering nearly $800 million in long liquidations. During the sharp market decline, approximately $80 billion in total crypto market capitalization reportedly disappeared within just 15 minutes. Adding to market uncertainty, Tether and Circle reportedly froze $2.316 billion in linked stablecoins as investigations continued. Binance co-founder CZ reassured users that customer funds remain SAFU, while Binance continues investigating the situation. Despite the sudden crash, Bitcoin is showing early signs of recovery. However, market volatility remains high, and traders are closely monitoring developments.$BTC