Summary of all the information on why the market #crypto crashed in the last 24 hours

❗ 1. #CPI The US just announced - lower than expected

Core CPI MoM only 0.1%, lower than the forecast of 0.3%

Overall CPI MoM down 0.1%, causing a big surprise

→ The market fears the Fed will soon cut interest rates, causing the USD to decline and capital flows to fluctuate strongly.

❗ 2. #Altcoin and #memecoin were "dumped"

Many memecoins have increased 5x - 10x in a few weeks → investors began to take profits massively

For example: $PEPE , $WIF , $MOODENG, $PNUT all dropped 10–30%

❗ 3. Investor sentiment is unstable

Bad news of the "half good - half bad" type causes the market to swing in both directions

No one dares to "hold long" → many people exited early

❗ 4. The market is too hot

The influx of money into coins recently has been too rapid

There is no clear correction, so this time the sell-off is an opportunity to "reset" everything.

❗ 5. High leverage is being liquidated

Many people use margin and futures at high ratios

→ When prices drop, orders are liquidated in bulk, further dragging prices down.