Crypto Crash Explained: Why Bitcoin and Altcoins Are Falling—and Signs of a Quick Rebound
A Sudden Crypto Crash Sends ShockwavesThe crypto market took a sharp dive this Thursday, with Bitcoin plunging below $108,000, sending a ripple effect across altcoins. Ethereum fell to $2,750, XRP dropped to $2.43, and Solana slid to $160. The global crypto market cap shrank by 1.4% to $3.4 trillion, while 24-hour liquidations spiked to $313…