$50B Vanished from Crypto! Whatโs Causing the Drop? โ ๏ธ๐ป
The crypto market just saw $50B wiped out in total market cap โ and traders are feeling the heat. Hereโs whatโs fueling the sell-off:
1. Profit-Taking Frenzy ๐ฐ
After a strong rally, smart money is locking in gains โ and triggering red candles everywhere.
2. Global Market Shivers ๐๐
Inflation, interest rate fears, and recession talk are shaking investor confidence โ across both crypto and traditional finance.
3. Technical Brick Wall ๐งฑ
Bitcoin & Ethereum are hitting major resistance zones and failing to break through โ dragging alts with them.
Is this just a shakeoutโฆ or the start of something bigger? Stay sharp, stay tactical.