🔻 Bitcoin Crashes Below $115K, Markets Bleed $40B
Crypto markets dropped over 2% in 24 hours, wiping out $40 billion. Bitcoin plunged from $120K to around $114,200, dragging major altcoins down.
Massive profit-taking, ETF outflows, and whale transfers (like 917 BTC to Coinbase) triggered the sell-off.
BTC had recently hit an all-time high of $123K, but short-term holders are now exiting fast.
It’s a classic correction phase after a major rally.