Article Summary

**Crypto Market Crash Continues as Bitcoin Retreats to $108,000 Amid Massive Liquidations** The cryptocurrency market experienced another significant downturn on October 17, with Bitcoin price falling to $108,000 as the digital asset sector struggles to recover from last week's devastating liquidation event. The overall crypto market capitalization dropped 2.2% within 24 hours, signaling continued bearish sentiment among investors. This latest crypto market crash stems from two primary factors: ongoing fallout from previous liquidation cascades and profit-taking activities by traders who capitalized on weekly gains. The Bitcoin price decline reflects broader market uncertainty as cryptocurrency investors navigate volatile trading conditions. The current market downturn highlights the inherent volatility in digital assets and blockchain investments. As DeFi protocols and altcoins face selling pressure alongside Bitcoin, traders are closely monitoring support levels and market recovery signals. This cryptocurrency crash serves as a reminder of the rapid price movements that characterize digital asset markets, with liquidation events continuing to impact overall market stability and investor confidence across the blockchain ecosystem.