The global cryptocurrency market has experienced a significant decline, wiping out approximately $410 billion in market capitalization over the past 24 hours.
The market's total value dropped from $4.15 trillion to $3.74 trillion, with the selloff being one of the steepest in 2025. This decline followed a surge in macroeconomic and geopolitical uncertainty, causing investors to flee from risk assets.
Market data also shows that more than $5.6 billion in leveraged long positions were liquidated within a single day.
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Author's summary: Crypto market loses $410 billion in 24 hours.