A politically-driven crypto crash has wiped out $500 billion in market value and liquidated over 1.6 million traders, raising alarms about market manipulation and systemic vulnerabilities. The incident has intensified scrutiny of unregulated trading and sparked renewed debate on the need for robust regulatory frameworks. Despite the turmoil, blockchain infrastructure demonstrated resilience, with institutional investors signaling continued interest in digital assets.
Bluesky
#crypto crash
#market manipulation
#bitcoin liquidation
#regulatory reform
#blockchain resilience