$BTC 🚨 HOT NEWS: OVER 2 BILLION USD WIPED OUT FROM THE CRYPTO MARKET IN THE LAST 24 HOURS

The cryptocurrency market has just witnessed a massive liquidation as over 2 billion USD was "blown away" in just 24 hours. This is one of the most significant fluctuations in recent times, causing a multitude of leveraged positions to be forcibly closed and many investors to incur heavy losses.

The cause of this drop may stem from increased selling pressure, the breaking of key support levels, along with market panic following unpredictable fluctuations. Many retail investors have been caught in the liquidation spiral, while "whales" may be taking the opportunity to scoop up at lower prices.