Red Friday: The Crypto Market Says No

The entire cryptocurrency market lost 6–7% today, wiping out over $160 B in value, following a liquidation of more than $1B. Here's what's behind the chaos… and what to expect before Sunday. TradingViewCryptonews

⚠️ What has happened so far:

Galaxy Digital sold ~10,000 BTC (~$1.18 B), triggering a cascade of liquidation of $152 M.

BTC fell nearly 3% to $115K, reducing the momentum driven by ETFs. However, ETH held up, surprisingly rising ~0.5% to ~$3,346. icobench.com+7The Economic Times+7The Economic Times+7

Altcoins were hit harder: SOL and XRP fell by up to 5%, while ETH showed relative strength. The Economic Times+1The Economic Times+1

Let's patiently wait to see what happens with the market