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Just checked the charts and realized how brutal that crypto market crash was a while back. Lost track of how much value got wiped out in those 30 days, but it was massive. Bitcoin, Ethereum, Solana - everything took a hit. Some altcoins got absolutely destroyed, down 40% or more. The panic selling was real, liquidations everywhere, and trading volumes went insane.
What actually caused it? Lot of things converging at once honestly. Interest rates going up, regulatory uncertainty, and then whales started dumping. After people took profits from the earlier rally, stop-losses kicked in and the whole thing spiraled. Classic crypto market crash pattern.
Anyway, looking at where we are now - BTC at 80.69K, ETH at 2.28K, SOL at 94.91 - the market's been recovering. That crypto market crash taught a lot of people lessons about leverage and risk management. These corrections happen, that's just how this space works. The question now is whether this is actually sustainable or just another bounce before the next crash.