Crypto Market Suffers $200 Million Liquidation Event, Triggering Volatility

A massive liquidation event in the crypto market caused a $200 million drop within just four hours, shaking market confidence and highlighting the volatile nature of digital assets. Major coins like Bitcoin, Ethereum, Solana, and others experienced significant price fluctuations as a result. This incident was triggered by macro-economic conditions and heightened investor uncertainty regarding upcoming regulatory pronouncements by central banks such as the U.S. Federal Reserve, as indicated by comments from Chair Jerome Powell.