Crypto Market Sheds $70 Billion in 24 Hours Amidst Regulatory Uncertainty and Whale Activity

The cryptocurrency market experienced a significant downturn, losing over $70 billion in value within a single day. Bitcoin, Ethereum, and major altcoins witnessed sharp declines, reflecting a broader sense of caution within the crypto sector. This loss was attributed to a combination of factors including regulatory concerns, economic uncertainty, and potentially influential trading by large investors known as whales.