<ul><li>The crypto market lost $212 billion, bringing the global market cap down to $3.42 trillion.</li><li>The drop in the market is linked to the success of Chinese AI app DeepSeek, triggering stock and crypto sell-offs in the US.</li><li>Bitcoin struggles to maintain support at $100,000, with altcoins like Ethereum, XRP, and Solana experiencing losses of 8-10%.</li><li>Large-scale liquidations occurred, with $613 million worth of positions liquidated and long traders suffering losses of $569 million.</li></ul>

Why The Crypto Market is Crashing Today

Discover more