🚨 Why is Crypto Crashing? 🚨
The crypto market has lost $325 billion since Friday, with Bitcoin breaking below $98,000 and Solana dropping 22%.
It all started with Solana’s decline after the memecoin hype faded, but things got worse when the S&P 500 started falling, dragging Bitcoin down.
On top of that, Citadel Securities announced plans to provide liquidity for crypto, which led to a classic "sell the news" reaction.
Adding to the panic, the Bybit hack on Feb 21st—called the biggest financial heist in history—shook investor confidence even more.
With low liquidity, panic selling, and macroeconomic fears, crypto is in a rough spot right now.
Stay cautious!
