Crypto Market Loses $130 Billion in 24 Hours Amid Volatility Surge

The crypto market experienced a significant downturn over the past day, with a staggering $130 billion wiped from its total value as prices plummeted across major cryptocurrencies. This volatility was driven by various factors, including global market jitters and rising geopolitical concerns. The sell-off affected all major coins, including Bitcoin, Ethereum, and altcoins, leaving investors grappling with uncertainty. While gold also experienced a steep decline, indicating a broader liquidity shift across risk assets, analysts remain optimistic about Q4’s potential for crypto recovery.