The crypto markets experienced a significant downturn over the weekend, plunging into a state of extreme fear. Major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Ripple (XRP), and Dogecoin (DOGE) saw substantial declines. This collective drop led to the overall crypto market capitalization falling below the $2 trillion mark. The market's current sentiment reflects heightened volatility and uncertainty, impacting investor confidence across various digital assets. As the situation develops, stakeholders are closely monitoring for potential recovery signals or further declines.