$SOL MarketPullback: Crypto Corrects Sharply as Bitcoin Drops 12% – Here’s What’s Happening**
The crypto market is seeing its **biggest pullback in months**, with $BTC plunging to **$62K** (down 12%) and altcoins bleeding even harder. Here’s why traders are hitting pause:
🔥 **Key Factors Behind the Dip:**
✔ **Massive $1.8B in long liquidations** (largest since FTX collapse)
✔ Fed’s hawkish comments – **rate cuts now delayed to December**
✔ Mt. Gox **$8B BTC repayment fears** loom over market
✔ Bitcoin ETF inflows **slow for first time in 3 weeks**