Crypto Bloodbath Continues—Here’s Why Markets Are Tanking Today

Another brutal selloff hits digital assets—traders scramble as Bitcoin sheds 8% in 24 hours. The usual suspects? Macro fears, leverage liquidations, and that one whale who just won’t stop dumping.

Liquidation Domino Effect: Over-leveraged longs got obliterated after BTC failed to hold $60K. Cue the cascade: $420M in positions vaporized, dragging altcoins down harder than a bag of bricks.

Regulatory Ghosts: Rumors of a new SEC subpoena spook ETH traders—never mind that Gary Gensler still can’t define a security without a 10-page legal memo.

Silver Lining Playbook: OI spikes on derivatives markets signal potential reversal… or just more pain for degenerates chasing the dip. Meanwhile, traditional finance guys are ‘concerned’ while secretly buying the damn dip.

Bottom line: Crypto winters build character. And if you believe that, I’ve got a ‘stable’ coin to sell you.