⚠️ Crypto could be approaching one of its most severe downturns on record.
The scale of the current decline ranks among the most intense selloffs the market has ever experienced.
More than $2.22 trillion in value has been wiped out, with the total market falling over 50% from its all-time high.
In dollar terms, this stands as the second-largest drawdown in history, sitting roughly $60B below the record.
This is what late-stage cycle pressure looks like.
BTC
65,605.99
-2.86%