📉Crypto market's taken a hit, folks! Total cap's down to $2.07T, an 8.6% drop in 24hrs. Bitcoin's slipped under $55K for the first time since Feb. 😮

📊Major factors? Germany liquidating a chunk of its Bitcoin holdings & the impending Mt. Gox repayments. This could flood the market with Bitcoin, driving prices down.

🥊Alts aren't faring any better. Ripple, Binance Coin, Cardano... all down. Meme coins? They're in the red too, shedding nearly 20% of their total market cap.

🌈But hey, not all is gloom. Some cryptos in the top 100 club are seeing a rise. Fasttoken's up 3%, Leo Token's risen by 1%.

🤔What's next for Bitcoin & the gang? Will they bounce back or will the bears keep the upper hand? Share your thoughts below! #CryptoNews #DeFi #Bitcoin