🚨 Crypto Overnight News – 1 Minute Market Summary!
1⃣ The biggest crash in cryptocurrency history:
Altcoins plunged as much as 90% in just a few hours , liquidating more than 1.62 million traders .
👉 Today's lesson: Survival first, profit later.
2⃣ Global financial markets experience “Black Friday”:
US stocks fell sharply after Donald Trump announced he could impose higher tariffs on imports from China.
3⃣ Fluctuations of major currencies:
Bitcoin (BTC) down 7%
Ethereum (ETH) down 12%
Solana (SOL) down 14%
Top coins still show the ability to “take the hit”, but the funding rate on CEX and DEX exchanges turns negative —
👉 The market is entering a phase of deleveraging.
4⃣ Cause of the collapse:
According to Dovey Wan , co-founder of Primitive Ventures , the drop was triggered by a large institutional liquidation on Binance , triggering a domino effect.
5⃣ Synthetic assets such as WBTC, BNSOL... temporarily lose peg:
Some lucky traders bought ETH under $1,000 , making huge profits.
👉 Lesson: In chaos, be a calm sniper .
6⃣ Stablecoin USDe falls to $0.62:
“ Synthetic stablecoins cannot be used as a means of payment or collateral, ” analysts say.
Others argue that USDe is actually a Tokenize investment fund, not a real stablecoin.
The project side confirmed: The protocol is still operating normally.
7⃣ Famous "whale" Brother Ma was liquidated:
In just 22 days , from a profit of 44.5 million USD to a loss of 10.6 million USD .
👉 Reminder: Always place a stop-loss order.
8⃣ Rumors of Wintermute and Crypto.com heavy losses spread —
Both denied .
9⃣ Fear & Greed Index fell from 64 to 27 in just one day.
Greed is gone, fear is in.
👉 Keeping calm is key.
🔟 WLFI team tries to "fight price":
Spent over $10 million buying in when the price dropped , now temporarily losing 30% — even whales bleed.
🔟1⃣ KOL BlueFox denounces insider trading:
One “big guy” reportedly opened an account on Hyperliquid 30 minutes before Trump announced the tax news , making $70 million in profits right away.
😤 Don't panic — keep building.