Crypto market turbulence! ๐๐ฅ After a meteoric rise post-election, Bitcoin's attempt to soar past $100K fizzled, dipping below $96K. Altcoins took a harder hit, with Ethereum dropping 10.8% and SOL plummeting 26% from its peak. The Fed's hawkish stance on interest rates and inflation sparked a broad selloff, liquidating $1.2B in leveraged positions. ๐
Market strategist Joel Kruger sees this as a needed correction, while Morph's Azeem Khan suggests tax strategies might be at play. What do you think? Is this a healthy pullback or just the beginning? Let's discuss! #Crypto #Bitcoin #MarketAnalysis