Crypto markets took a hit this week, losing $200B in total cap. 📉 Bitcoin's dominance rose by 0.3% as altcoins fell harder. BTC dipped below $54K, a low not seen in months.

Altcoins? Even worse. ETH is down 14%, BNB fell 14.4%, and major coins like ADA, SOL, XRP, AVAX saw declines between 8% and 15%. Meme coins? DOGE crashed by 20%, SHIB lost 19%. 😱

Why the bloodbath? Mt. Gox, the defunct crypto exchange, moved $2.7B, sparking sell-off fears. Plus, the German government sold off nearly 10K BTC.

But don't lose hope! Prices are slightly recovering. Experts like Adam Back see this as an opportunity for future gains. 🚀

Market Cap: $2.146T | 24H Vol: $155B | BTC Dominance: 51.2%

BTC: $55,798 (-8.9%) | ETH: $2,962 (-13.9%) | BNB: $492 (-14.4%)

What's your take on the market? Let's chat below! 👇 #CryptoRecap