Crypto Market Suffers Massive Flash Crash, Destroying Billions

A rapid crash wiped out an unprecedented amount of value from the crypto market yesterday, leaving investors reeling after prices plummeted by up to 80% in mere minutes. Leading tokens, many considered industry stalwarts, suffered severe losses across the board, with some dropping more than 85%. This sudden downturn shocked markets and triggered widespread panic among traders, causing portfolios to be decimated.