Crypto Crash: $1.6 Billion Lost as Bitcoin, Ether Plunge

Crypto had a Monday. A bad one. The market tanked. Billions vanished. $1.6 billion, they say. Maybe more. Nobody likes a disappearing billion.

TL;DR
- Crypto market crashed, wiping out over $1.6B in leveraged positions. Ouch.
- Global economic jitters, not crypto itself, seem to be the culprit. Tariffs, mostly.

The finger points at tariffs. Trump's tariffs. Investors got spooked. Crypto, the risky stuff, got dumped. Like a hot potato, or a bad investment. $ETH took a beating. One guy dumped 10,000 $ETH to avoid getting cleaned out. A $340 million position. Close call.

DeFi got dicey. $ETH fell. People panicked. Someone lost $106 million. Leverage is a beast. It giveth, it taketh away. Fast. Even scammers got burned. Twenty-seven million gone. Karma, maybe?

Some see a chance. A โ€œgenerational opportunity,โ€ they call it. Buy when others are scared. Risky, but what isn't? The market might bounce. Maybe. Depends on the data. A gamble, like everything else.

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