The crypto market crash hit the investors with a sudden attack as most anticipated further recovery amid the hold on Trump Tariff and Bitcoin’s price surge. However, the investors’ sentiments changed significantly at the May end with many key macroeconomic events, including the US PCE data. Let’s discuss the key reasons behind the drop. 219K Traders Liquidated in Today’s Crypto Market Crash The crypto market cap has declined more than 3% in the last 24 hours, and investors’ sentiments on the fear and greed index have moved down to 61. Despite being in the greed zone, the impact is significant on crypto assets’ performance, including Bitcoin, as its price crashed to $104.8k earlier in the day. The same is true for most altcoins, as they followed a similar trajectory. Ethereum plummeted 3.74%, XRP price crashed 4%, Solana 5%, and Dogecoin declined 10% today. Due to this, more than 219k traders… Read More at Coingape.com
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