If you thought Bitcoin's price could no longer surprise, hold on tight! 💥 Today the market woke up with a blow that was felt even in coffee, with the king of cryptos falling dramatically and dragging the others into the abyss. 📉
What happened to the cryptocurrencies? 🤔
Imagine that Bitcoin is the captain of the ship, and today, that ship crashed into an iceberg called $110,000. 🧊 Falling below that barrier, panic took over the entire market. It's not just another drop; it's institutional distrust and fear of a lack of liquidity that are putting the brakes on everything. 😱 In English: people are selling as if the world is ending, and that is causing prices to plummet.
The 5 cryptos that took the hardest hit:
Fartcoin (FARTCOIN) 💨: Took the biggest prize for the drop, losing almost 19% of its value in a single day. It went from $0.7692 and is still in free fall. A direct blow to the stomach!
Curve DAO Token (CRV) 💸: This token, used to govern a liquidity fund, fell by 14.69%. Those who were involved in this are fleeing in panic!
Pendle (PENDLE) 📉: Although it has a solid foundation, it was not spared. It lost 14.08% of its value. Showing that even projects with a future suffer when the captain stumbles.
Chubby Penguins (PENGU) 🐧: This is a token related to NFTs, which fell by 13.21%. Despite its large capitalization, people are selling and showing that not even NFTs are a safe haven.
Lido DAO (LDO) 💎: It is one of the largest staking projects, and yet it slipped by 14.29%. This is a clear sign that people are not taking any risks, even with assets that were considered 'safe'.
The message is clear: if Bitcoin does not recover and stays below $110,000, the turbulence will continue. It's time to be alert and see if the market sharks decide it's time to buy on the dip or if we prepare for a crypto winter. 👀$LDO $CRV $BTC
