Crypto Market Crash: 217K Traders Liquidate and $11.6B Crypto Options Expires Today

Crypto Market: Where Dreams Go to Die! 💸😱

So, the crypto market decided to throw a surprise party, and guess what? Nobody was invited! Just when everyone thought they could finally relax, boom! The market crashes like a bad sitcom. I mean, who saw that coming? Oh right, everyone. 🙄

Crypto Crash

Investors were all set for a recovery, holding their breath like they were waiting for a Trump Tariff announcement. And then, just like that, the May end rolls around, and suddenly, it’s like someone pulled the rug out from under them. Thanks, US PCE data! You really know how to ruin a party. 🎉

Now, let’s talk numbers. 219K traders liquidated today. That’s right, 219,000! I mean, what are they doing? Playing musical chairs with their investments? The crypto market cap took a nosedive of over 3% in just 24 hours. Fear and greed index? More like fear and panic! It’s down to 61. Who knew greed could be so fleeting? 😬

Fear and Greed Index

Bitcoin? Oh, it crashed to $104.8k earlier today. I guess it decided to take a little vacation. And the altcoins? They’re not doing much better. Ethereum down 3.74%, XRP down 4%, Solana down 5%, and Dogecoin? A whopping 10%! It’s like a race to the bottom, and everyone’s a winner! 🏆

So, what’s the takeaway here? If you’re in crypto, maybe it’s time to invest in a good therapist. Because this rollercoaster isn’t stopping anytime soon! 🎢

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2025-05-30 16:43