Cryptoprovn
@kmeth
Crypto Market Decline and Institutional Liquidations The crypto market has faced a sharp decline, with $Bitcoin dropping over 12% in a week, hitting a low of $80k. Over $800 billion in market capitalization has been wiped out, partly due to fading post-election optimism. Institutional liquidations have played a major role, with $1.9 billion in Bitcoin sold as hedge funds exit. This led to $581.98 million in liquidations, affecting nearly 190,000 traders. The sell-off has reduced liquidity, increased volatility, and weakened market confidence. Investors should stay cautious and monitor institutional moves as the market remains highly unstable.
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