#CryptoRegulation

Crypto Collapse by 500 Billion: What Happened?

📉 The market is in panic:

500 billion vanished in 24 hours

Bitcoin dropped 12% (below 54 thousand)

Ethereum dropped 15% (below 2800)

Alternative coins like $SOL

SOL

171.58

-3.61%

and $AVAX

AVAX

23.59

-5.97%

fell more than 20%

🔥 Reasons:

1️⃣ Economic shocks – rising interest rates and inflation fears

2️⃣ Regulatory rumors – talk of tightening from the US and Europe

3️⃣ Liquidation massacre – 2.1 billion dollars from long positions evaporated

4️⃣ Whales sold – large wallets started to sell and caused panic

💥 Market reaction:

Traders: mass selling, jokes, frustration

Platforms: huge increases in