In just a matter of minutes bitcoin and other top coins just crashed by over 20% this in turn was also followed by majority of the altcoins in the market where majority of the coins crashed for 10-20%.
News said that over 2.5$ billion worth of biitcoins were liquidated resulting in this crash and the panic and fear from traders further fueled it
News said that over 2.5$ billion worth of biitcoins were liquidated resulting in this crash and the panic and fear from traders further fueled it