💰 **Crypto Meltdown Alert! $250 Billion Wiped Out!**
📉 **Market Turmoil Details:**
- April ended with uncertainty, but May hit crypto investors harder.
- Long positions crumbled, resulting in a staggering $400 million loss in leveraged trades within 24 hours.
🤯 **Shock Stats:**
- 137,016 investors faced the heat, losing $464.54 million.
- Bulls bore the brunt, with $399.88 million evaporating from long positions.
- Bears added $64.67 million to the pain with short sales.
🔥 **Epicenter of Losses:**
- $168.22 million vanished in the last four hours alone.
- Liquidations hit hard, with $153.17 million lost by bull liquidations.
💥 **Cryptocurrency Ecosystem Quake:**
- Total market capitalization plummeted from $2.29 trillion to $2.04 trillion, a loss of $250 billion (10.87%).
💡 **What's Next?**
- Bitcoin and Ethereum bore the brunt, with liquidations totaling $165.77 million and $120.76 million, respectively.
- Bitcoin's drop over 7.5% raised eyebrows, lingering at $57,200, sparking fears of $54,000 or even $50,000 support levels.
🚨 **Investor Anxiety Rising:**
- The loss of $60,000 support triggered panic, fueling speculations of further dips.
- Analysts foresee turbulent waters ahead, eyeing $54,000 as a psychological support and target zone.
📊 **Stay Informed, Stay Vigilant!**
- Brace for volatility, strategize your moves wisely. 💪
- Like, share, and follow for more updates on the crypto rollercoaster! 🚀
Let's navigate through this storm together! ⛈️ #BTC #fomc #buythedip #ethurum #BNB
