Crypto Market Rocked by Massive Liquidations on May 30th

Crypto markets experienced a volatile start to the day on May 30th with over $700 million in liquidations. Top cryptocurrencies like Bitcoin, Ethereum (ETH), and Ripple’s XRP witnessed significant price drops, triggering concerns among traders. Despite the overall market downturn, Bitcoin remained dominant as per CoinMarketCap data. While the price change is now relatively modest after the initial drop, a 1.59% decrease signifies continued volatility.