Today, the main reason for the market decline is that Berachain was implicated due to vulnerabilities related to Balancer V2 running on it. The on-chain liquidity pools were attacked in this vulnerability, with losses estimated to exceed 116 million dollars.

To mitigate risks, Berachain's validating nodes jointly suspended network operations and swiftly implemented an emergency hard fork to isolate the affected contracts and protect user funds.

Every time such an event occurs, retail investors are left to bear the costs, damn it.