The cryptocurrency market lost a record $ 1 billion per day

Amid the sharp collapse of the cryptocurrency market, the total volume of liquidations reached $ 985 million in just one day. Thus, bitcoin BTC $78,512.88 Bitcoin -5.03% Market capitalization $1.56 trillion VOL. 24 hours $6.79 billion dropped below $ 76,000, and leading altcoins, including XRP XRP $1.88 XRP -9.50% Market capitalization $109.33 billion VOL. 24 hours $1.7 billion , Solana SOL $106.66 Binance-Peg SOL -7.60% Market capitalization $0.12 billion VOL. 24 hours $1.5 billion and Ethereum ETH $1,561.82 Bridged Ether (StarkGate) -11.79% Market capitalization $0.14 billion VOL. 24 hours $4.09 billion , lost approximately 15% of their value.

The rapid decline in the value of digital assets has once again confirmed their high volatility. Experts note that market participants are currently operating in an environment of significant economic and regulatory uncertainty, which only increases the speculative nature of trading.

The plunge in prices was accompanied by massive liquidations of positions on exchanges, which further fueled the wave of sales. This is a typical situation for the crypto market, when sharp price movements trigger automatic trading mechanisms that accelerate the overall dynamics of the fall.

Such events once again raise the issue of risks associated with cryptocurrency investments. Despite the potential for quick profits, the market remains vulnerable to external influences, from regulatory actions to the overall economic situation.

Analysts urge investors to be cautious and carefully analyze the market before opening new positions. Today’s fall is another confirmation that cryptocurrency is not only an innovative asset but also an area of increased financial risks.