Crypto Markets Brace for Turbulence: $3.7 Trillion Evaporates, But ETF Inflows Offer a Glimmer of Hope
A wave of selling pressure has swept through the cryptocurrency market, wiping out over $3.7 trillion in value and triggering widespread investor anxiety. The market is now exhibiting clear signs of a mid-term decline, with the total market capitalization consistently hitting new lows. A breach of the 50-day moving average suggests this downward momentum could continue.