𝐓𝐡𝐞 "𝐁𝐥𝐚𝐜𝐤 𝐓𝐡𝐮𝐫𝐬𝐝𝐚𝐲" 𝐑𝐞𝐬𝐞𝐭 – 𝐖𝐡𝐚𝐭 𝐉𝐮𝐬𝐭 𝐇𝐚𝐩𝐩𝐞𝐧𝐞𝐝?📉🎢
BTC
70,458.47
+1.60%
ETH
2,076.13
-0.79%
BNB
637.11
-1.94%
On Jan 29, we saw a synchronized "Flash Crash"💥 as Bitcoin, Gold, and Tech stocks all took a massive hit.
The Damage Report:
• Bitcoin ($BTC): Dropped 6.4% to an intraday low of $83,383, triggering $319M in liquidations.
• Gold: Slipped 8.2%, wiping out nearly $3T in value in a single morning.
• Sentiment: The Fear & Greed Index is hovering at 38 (Fear).
The Cause: A perfect storm of rising US-Iran tensions and Jerome Powell’s firm "Rate Hold" stance. While it looks scary, 90% of the top 100 assets are red, signaling a systemic reset rather than a crypto-specific failure.