It’s a rough day out there—prices must’ve tanked fast to trigger that kind of cascade. Bitcoin’s been wobbling recently, down from its January highs above $100K after all the hype around Trump’s crypto reserve plan fizzled out faster than a cheap NFT drop.
I’d bet this wipeout caught a lot of over-leveraged traders off guard—folks who thought the market was primed for another leg up. But crypto’s a beast; sharp drops like this aren’t new, especially when sentiment swings and big players start dumping.
No word yet on what sparked it—maybe some whale decided to cash out, or bad macro news spooked the herd. Either way, it’s a reminder: leverage can burn you quick in this game. What do you reckon—was this just a shakeout, or are we in for more pain?
