The cryptocurrency market is bleeding heavily today! 🔴 Billions wiped out in hours as major coins sink under heavy selling pressure. Here’s a quick overview:
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🔻 Key drop
$BTC
$ETH
$SOL
🔍 What’s causing this?
🌍 Global tensions and fears of war (Middle East)
💰 Whale sell-offs and cascade liquidations
📊 Fear in traditional markets spills over into cryptocurrencies
🔎 High leverage on Binance and other futures platforms triggering margin calls
🧊 Loss of momentum after recent gains — market correction phase.