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Nearly $500 billion has been wiped off the crypto market in just one week as Bitcoin-led selling picked up speed. Since January 29, the total value of the crypto market has fallen by around $468 billion, showing just how fast sentiment has turned. Bitcoin briefly bounced back to around $73,240 on Wednesday, but the pressure is still clear. Earlier in the week, it dropped to about $72,877. Its lowest level in nearly 15 months. That price was last seen in early November 2024, when optimism around a more crypto-friendly policy environment was high. So far this year, $BTC is down about 13%. From its peak above $126,000 in early October, it has now fallen close to 40%, shaking confidence across the market. 🐻 What’s causing the crypto slump? This selloff comes during a rough week for global markets. Gold and silver prices have been swinging sharply, and while precious metals saw some buying after their recent fall, crypto stayed under pressure. One key reason is rising global tension, especially between the US and Iran. When uncertainty increases, many investors move money into safer assets, and that often means pulling funds out of crypto. On top of that, changes in currencies and interest rates are quietly affecting the market. These shifts impact leverage, stablecoin movement, and overall mood. There hasn’t been one single trigger for the drop. it’s more about nervous markets, position resets, and investors choosing to be cautious. Liquidity is also thinner than usual, which means even small macro changes are causing bigger price moves than normal. Crypto is once again moving closely with other risky assets, reacting more to global news than to anything specific happening inside the crypto space. Near-term outlook for crypto In the short term, liquidation pressure is still hanging over the market. However, prices are holding above key long-term support levels. If this area holds, the market could move into a period of sideways action before trying to recover. Volatility is likely to stay high until there’s more clarity on global economic conditions. There’s also a noticeable shift in focus toward more sustainable use cases in crypto, like yield-based products and infrastructure projects. While prices may remain stuck in a range for now, development and growth behind the scenes haven’t stopped. From a technical point of view, the $73,000 level remains an important support for BTC. On the upside, the market needs to clearly break and hold above the $77,500–$78,000 range to bring back short-term bullish momentum. For now, the market looks shaky, cautious, and sensitive to global signals but it’s still standing on some solid ground.

Why no up now ,this scam coin ? $BTC

Bitcoin has slipped to levels last seen late 2024, briefly dipping under $73,000 USD before a small rebound above ~$76,000 USD. Investopedia +1 Over the past few days prices have been volatile, with Bitcoin trading down sharply from recent highs near $78–$80k. Barron's Large liquidations (~$2.5B) in BTC positions contributed to selling pressure earlier this week. $BTC $ETH $DOGS

#BREAKING : #Bitcoin dumped $1,900 in just 25 minutes and liquidated $70 million in longs. It then pumped $1,200 in just 10 minutes and liquidated $15 million in shorts. Too much volatility without any major news. $BTC