Crypto

Crypto Market Wipes Out $108 Billion in Six Minutes

Guavy AI Editorial Team Published August 22, 2026

Instruments

BTC ETH XRP

The crypto market just experienced its largest flash crash since October 2025. In just six minutes, the total market value plummeted from $2.68 trillion to $2.55 trillion.

This rapid decline was largely due to increased selling pressure, which led to the liquidation of over $1.71 billion in crypto positions.

The hardest-hit assets were Bitcoin (BTC), Ethereum (ETH), and XRP, with their prices experiencing significant drops.

The Wire

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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