BTCC / BTCC Square / CoingabbarEN /
Crypto Bloodbath: The Real Reasons Behind Today’s Market Meltdown

Crypto Bloodbath: The Real Reasons Behind Today’s Market Meltdown

Published:
2025-06-06 17:00:00
22
1

Crypto markets are getting wrecked today—here’s why traders are hitting the panic button.

Liquidity crunch or just another overleveraged casino? The usual suspects (Fed fears, whale dumps) are back in play. But this time, it’s not just Bitcoin dragging the party down—altcoins are bleeding harder than a startup’s runway.

Regulatory ghosts haunting the market? Rumor has it another exchange is about to pull a 'poof, your funds are gone' trick. Meanwhile, institutional 'hodlers' are quietly loading up while retail gets liquidated—classic Wall Street cosplay.

Bottom line: Crypto winters build character. Or at least that’s what bagholders tell themselves between margarita-soaked coping sessions.

The crypto market is going through a big crash today. The global market cap is down to $3.35 trillion, which is a 3.8% drop in 24 hours. Trading volume is high at $144 billion, but it’s not helping prices. Bitcoin dominance stands at 61.5... Read More

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users