Crypto Market Suffers $108 Billion Flash Crash
The cryptocurrency market experienced its largest flash crash since October 2025, wiping out $108 billion in just six minutes. This sudden downturn led to a significant decline in the total market value from $2.68 trillion to $2.55 trillion.
The selling pressure increased substantially during this time, resulting in the liquidation of over $1.71 billion in crypto positions. The largest altcoins, such as Bitcoin, Ethereum, and XRP, were hit hardest by this liquidation.