Crypto Market Selloff Deepens as $700M in Bitcoin, ETH, XRP, SOL, DOGE, XAU Liquidated

The crypto market experienced a significant selloff on Wednesday, with its market cap dropping by over $100 billion in 24 hours to $2.9 trillion. Despite the downturn, investor sentiment remains strong, as indicated by the Crypto Market Fear & Greed Index, which dipped slightly from 73 to 70. Bitcoin (BTC) saw a decline of more than 4%.