🚨 Crypto Market Crash — What Happened Yesterday?
The crypto market saw a sharp drop yesterday, with Bitcoin falling below $112K and over $1.7B in liquidations in 24 hours. Here’s what caused it 👇
1️⃣ Leverage Wipeout: Too many leveraged long positions triggered forced liquidations — a cascade sell-off.
2️⃣ Macro Pressure: Rising interest rates and strong USD pushed investors toward safer assets.
3️⃣ Profit Taking: After strong rallies, many traders locked in profits.
4️⃣ Market Fear: Negative sentiment spread fast — classic panic sell cycle.
💡 Will It Continue?
Short-term pressure may remain if more liquidations hit or macro data worsens.
But fundamentals (institutional demand, blockchain growth, halving cycle) still support long-term strength.
🧠 Bottom Line:
This looks more like a market correction than a full crash. Smart investors are watching key support zones and potential re-entry points.
