🚀 **Crypto Rollercoaster: BTC Dips Below $50K, Bounces Back!**
- Bitcoin (BTC) took a wild ride, dipping below $50,000 for the first time since February, hitting a low of $49,351 before bouncing back to $51,000.
- BTC dominance surged to 58% as the altcoin and stock markets took a nosedive, wiping out over 17% of the total crypto market cap, which now stands at $1.76 trillion.
- Early birds on Aug. 5 saw $600 million in leveraged positions vanish into thin air as BTC's price tumbled.
- Ethereum (ETH) wasn't spared either, dropping almost 20% to $2,172 before clawing back to $2,200.
Stay tuned for more updates! 🌐