🚹 Crypto Rollercoaster Alert! 🚹

Bitcoin (BTC) took a nosedive below $50K for the first time since February, hitting a low of $49,351 before bouncing back to $51K. BTC dominance now stands at 58% amidst a market-wide bloodbath. đŸ˜±

- Crypto market cap plummeted from $2.16T to $1.76T.

- $600M in leveraged positions got wiped out in the early hours of Aug. 5.

- ETH also felt the heat, dropping nearly 20% to $2,172 before recovering to $2,200.

What are your thoughts on this wild ride? Share in the comments! 🌐

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