Market Pullback Deepens: Bitcoin Slips, ETH Drops, and Traders Panic Over Musk’s BTC Move

This latest slump follows one of the most brutal months of the year. The market has seen around $370 billion in value evaporate, with a staggering $19 billion in leveraged positions getting liquidated. As if that wasn’t enough, $65 billion in futures open interest was wiped out, leaving traders to reset their calculators to early-2025 levels. It’s like someone hit the “restart” button, but nobody asked for it.








