📉 Big Drop in Major Cryptos like Bitcoin, Ethereum, Solana.

Bitcoin (BTC) dropped more than 3–5 %, slipping below ~ $86,000–$88,000 early in Asian trading.

Ethereum (ETH) also fell by around 5–6 %, trading near ~$2,828.

Other altcoins like Solana (SOL), Dogecoin (DOGE), XRP and Litecoin (LTC) also dropped — many over 4–7 %.

As a result, the overall crypto market cap fell — some reports put it around $2.9–2.92 trillion.

⚠️ What’s Driving the Sell-Off

There’s a strong “risk-off” mood among investors: global stock futures slid, and this dampened appetite for risk assets — including crypto.

Part of the volatility relates to macroeconomic expectations: The Federal Reserve (Fed) is ending its Quantitative Tightening (QT) program today, a major shift in global liquidity.

Some analysts see this end-of-QT as a potential long-term tailwind for crypto — but for now, markets are reacting nervously to uncertainty.

📆 What to Watch Next

Investors will be watching closely the upcoming Fed decisions and economic data (inflation, employment, etc.) that could influence liquidity and risk sentiment — potentially affecting crypto prices further.

If the liquidity conditions improve (because QT ends), some expect a rebound in crypto — but that depends on whether broader market sentiment stays supportive.