On August 5, the crypto market suffered a "Black Monday". Bitcoin fell 15% in 24 hours to below $53,000; Ethereum fell 30% in 24 hours to around $2,100, wiping out the gains since 2024; other altcoins fell even more miserably.

In the past week, the crypto market has experienced the largest sell-off in nearly a year. Bitcoin fell from $70,000 to more than $52,000, and Ethereum fell from $3,300 to $2,100. The market value of the entire crypto market fell by nearly $500 billion. #内容挖空