And here is the reason why the market collapsed

$BTC has dropped to a low of 85,638.3 USD in the past 24 hours. This currency has decreased by more than 16% in November.

The sell-off was triggered after Yearn Finance announced that it was investigating an "incident" in its yETH liquidity pool. Reports suggest that a bug allowed an attacker to create an enormous amount of yETH tokens, flooding the pool with invalid supply.

Simply put, this vulnerability allowed someone to create tokens out of thin air, undermining confidence in the collateral of the pool and causing traders to rush to withdraw.

This disruption triggered immediate volatility for related assets, causing Bitcoin and other cryptocurrencies to plummet.