From frenzy to freezing point in just a few months.
As Bitcoin plummeted from the heights of $126,000, Ethereum was nearly halved, and the entire crypto market capitalization shrank by nearly half, a global "crypto winter" became inevitable. On February 5th, Bitcoin experienced another major crash, dropping below the $70,000 mark. Within just a few hours, Bitcoin fell over 7%, Ethereum dropped 8%, 200,000 traders were liquidated, and 6.6 billion yuan in funds vanished into thin air.
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From frenzy to freezing point in just a few months.
As Bitcoin plummeted from the heights of $126,000, Ethereum was nearly halved, and the entire crypto market capitalization shrank by nearly half, a global "crypto winter" became inevitable.
On February 5th, Bitcoin experienced another major crash, dropping below the $70,000 mark. Within just a few hours, Bitcoin fell over 7%, Ethereum dropped 8%, 200,000 traders were liquidated, and 6.6 billion yuan in funds vanished into thin air.