$120 Million Vanishes from Crypto Market in One Hour

In the past hour, $120 million worth of cryptocurrency was wiped out from the market.

Cryptocurrencies have declined by around 30% in three months, falling below key long-term indicators, suggesting a deeper downtrend. The market remains bearish, and any short-term gains might be opportunities to exit short positions. However, due to high volatility and oversold conditions, potential rebounds could be significant.

Developing story, stay tuned for the updates.