Article Summary

**Crypto Market Crash Wipes Out $400 Billion as Bitcoin and Ethereum Plummet** The cryptocurrency market experienced a devastating crash today, erasing over $400 billion in market capitalization as the total crypto market cap plummeted to $3.74 trillion. Bitcoin (BTC), the world's leading digital asset, crashed to a low of $105,262 before staging a modest recovery, highlighting extreme volatility in the blockchain ecosystem. Ethereum (ETH) suffered even steeper losses, diving over 16% as investors fled major cryptocurrencies amid widespread panic selling. The altcoin sector bore the brunt of the market turmoil, with numerous alternative cryptocurrencies posting catastrophic losses between 80-90% at their session lows. This massive crypto selloff underscores the inherent volatility risks associated with digital assets and DeFi investments. The sharp decline affects the broader cryptocurrency ecosystem, including Bitcoin mining operations, decentralized finance protocols, and institutional crypto holdings. Market analysts are closely monitoring support levels as traders assess whether this represents a temporary correction or the beginning of a prolonged bear market. The crash serves as a stark reminder of cryptocurrency market volatility for both retail and institutional investors navigating the digital asset landscape.