The crypto market is in turmoil, losing a staggering 7.69% in just 24 hours, pushing the global market cap down to $3.31 trillion. From a record high fueled by Trump’s promises to the depths of this chaotic sell-off, the market is showing signs of extreme strain. Bitcoin has dipped below $93K and altcoins are in freefall. A shocking $689 million in liquidations have rocked the market, and traders are now eyeing the $92K – $91K range as make-or-break levels for BTC.
Geopolitical turmoil and Trump’s trade war threats have rattled markets, with tensions between Lebanon and Israel and looming tariffs on China, Mexico, and Canada causing major waves. Meanwhile, the Fear & Greed Index has plunged to its lowest in weeks, signaling that greed is quickly turning into fear.
Despite the chaos, some altcoins like Stellar ($XLM) and Ethereum ($ETH) have found some light amid the storm, but not all are so lucky. Solana, XRP, Dogecoin, and BNB are all suffering double-digit losses. Could a flash crash be on the horizon as Bitcoin’s $100K resistance proves too much to overcome? 📉
The next few days could determine whether this is a temporary dip or the beginning of an even bigger correction. Traders beware: The market is highly volatile, and any negative news could lead to massive sell-offs.
Are you holding tight or heading for the exit? The future of crypto is uncertain… and the stakes have never been higher. 🚨 #CryptoCrash #bitcoin☀️ #AltcoinStars #Write2Earn!