Why Is the Crypto Market Crashing Today? 🚨🔥
The market is bleeding, and panic is rising:
💥 $BTC drops to $90,900, $ETH slides to $2,475, and $XRP falls to $2.24. What’s causing the crash?
1️⃣ $1.5B Bybit Hack 💀
A massive Ethereum hack on Dubai-based Bybit sparks fear, triggering major sell-offs.
2️⃣ SEC vs. Crypto ⚖️
Good news: Lawsuit against Coinbase dropped.
Bad news: Regulatory pressure isn’t over yet.
3️⃣ Low Liquidity = High Volatility 🎢
Low trading volume is amplifying price swings.
4️⃣ MicroStrategy’s Power Move 🏦
While panic spreads, MicroStrategy boosts its BTC holdings to $47.4B.