Crypto bloodbath as market wipes out $400 billion in 24 hours

The global cryptocurrency market has wiped out about $410 billion in market capitalization over the past 24 hours, dropping from $4.15 trillion to a current total value of $3.74 ￰0￱ crypto market cap chart.) fell over 8% to $111,208, while Ethereum ( ETH ) dropped 13% to $3,765, extending a week-long correction in both ￰1￱ major altcoins, BNB declined 14% to $1,087, XRP lost 14% to $2.42, and Solana ( SOL ) slid 16% to $183. Top cryptocurrency prices.) above 107, its highest level since early ￰2￱ uncertainty compounded the decline after the Securities Exchange Commission (SEC) postponed approvals for several spot exchange-traded funds ( ETF ), including Solana and ￰3￱ delays, linked to the ongoing government shutdown, froze potential institutional inflows that had fueled optimism earlier in the quarter.