Crypto Wipes Out Week’s Gains in Friday Plunge—Here’s What Happened

Crypto markets just got a brutal reality check—Friday's selloff erased every bit of progress made over the past week. No slow bleed here; this was a sharp, decisive drop that left traders scrambling.

What Triggered the Slide?

A cascade of liquidations and sentiment shifts hit major coins hard. Bitcoin, Ethereum, and altcoins alike felt the pressure—no safe havens in this downturn.

Timing and Traction

The decline accelerated into the weekend, classic crypto behavior. Retail hesitates, whales move, and suddenly a week’s worth of gains vanishes in hours. Just another reminder that in crypto, profits aren’t real until you’ve cashed out—and even then, good luck explaining that to the taxman.

Where Does This Leave Us?

Markets regroup, but confidence takes a hit. One day you’re up; the next, your portfolio looks like it got into a fight with a blockchain fork—and lost. Stay sharp, hedge smart, and maybe don’t check your app before coffee.

For now, the higher lows keep the advantage tilted toward bulls, with traders closely watching the 118,000 dollar ceiling.