Crypto Market Faces Major Sell Off

The cryptocurrency market is experiencing a sharp decline today, with $BTC , Ethereum, $XRP , $SOL and most major altcoins all under pressure. Investors are reacting to a combination of macro uncertainties, fading hopes for U.S. interest rate cuts, and growing market fear, which has pushed many traders to sell off risky assets.

Bitcoin has slipped toward $71K, while Ethereum is struggling below $2,200. Altcoins are also losing key support levels, leading to hundreds of millions in liquidations across the market. Analysts point to weak sentiment and the ongoing rotation from crypto into safer assets as primary drivers of today’s crash.

This sudden downturn highlights just how volatile the crypto market remains, and why managing risk and staying informed are crucial for investors. For many, this may also serve as a reminder that crypto is as much about timing and psychology as it is about technology.