A sudden wave of sell orders in the crypto market triggered a dramatic crash, wiping out over $16 billion in leveraged investments overnight. Bitcoin (BTC), Ethereum (ETH), XRP, and Solana all experienced significant price drops, ranging from 20% to 40%. This selloff left investors bewildered and scrambling for clarity on potential recovery paths. Experts point to the rapid growth of decentralized finance (DeFi) as a key factor driving this volatility, alongside increased investment from institutions. The uncertainty surrounding the market’s stability is palpable, with many analysts believing that stabilization might not come quickly. This dramatic sell-off reflects the inherent unpredictability of the crypto market, adding another layer of complexity to an already volatile landscape.