Montag Wahnsinn; Der Kryptomarkt wischt sich 100 Milliarden US -Dollar pro Tag aus

tldr; The cryptocurrency market experienced extreme volatility, losing $100 billion in value on Monday, May 19. After reaching a high of $3.32 trillion on Sunday, the market dropped to $3.2 trillion. Bitcoin’s failed attempts to stabilize above $105,000 and broader market corrections contributed to the downturn. Additional factors included Moody’s downgrade of the U.S. credit rating and rising 30-year treasury yields, which heightened investor anxiety. The market’s instability reflects profit-taking amid macroeconomic uncertainties.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

The hopium ran out.

Which other degen first read this as ‘Monkey Madness’ ?

Just before the week close we go up, that is manipulation, it’s been manipulation the last month. Traders winning at the moment. Apparently it’s very profitable to do price control, probably to acquire and trade alts at mass. You need to do that before BTC goes through it’s ATH because that triggers a new alt season. BlackRock will go like 10x with their private holdings this year I think, they are the only ones which have trained AI models that take in consideration the power of moving the price in certain way to fuck over as much retail as possible.

LOL. What a joke of a shitpost.

$100B…so far

Next week: Crypto gains $100 billion in a day