CRYPTO MARKET DROP: WHAT REALLY HAPPENED
The Crypto Market lost $200B in 12 hours. Hereโs why:
๐ Japanโs interest rates are expected to rise, causing a big market pullback in Asia
๐ This created risk-off sentiment that spilled into crypto
๐ Many traders were overleveraged, leading to $543M in forced liquidations
๐ Trading bots sold at midnight (UTC), and low weekend liquidity made the drop worse
๐ Recent hacks (Upbit + Yearn) and concerns about Tether added extra fear
A mix of global news, liquidations, and crypto FUD caused the sharp crash.
