"Market crash is coming! $310 billion of funds withdrawn, digital currency faces life and death test!"
Today, the cryptocurrency market suffered a heavy blow, with the total market value plummeting by $310 billion in just 24 hours. Bitcoin (BTC) fell below $102,700 and is now at $94,300, a drop of 6.83%. Ethereum (ETH) fell 11.22% to $3,200. Altcoins also fell sharply, with Solana (SOL), XRP and Cardano (ADA) all suffering double-digit declines.
Despite the decline in market value, DeFi and stablecoin trading volumes surged, showing that investors sought safe havens. Market sentiment is low, and the next few days will be a critical moment to determine the direction of the market. Follow Jiaoshou for in-depth analysis!
