Bitcoin Sinks Market Confidence After Stunning $600 Billion Wipeout
We’ve just witnessed a seismic shift in the crypto world. Bitcoin, which many once called “digital gold,” has lost massive ground, dragging the entire market down with it. In a matter of days, more than $600 billion has been erased from the value of digital assets. This collapse shook not just retail investors, but institutions too. What once felt like a safe haven has revealed scars of deep vulnerability. As we unpack what happened, we’ll also explore why this matters, and what could come next for Bitcoin and the broader crypto market.
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