May 18 2026



The crypto market has suffered a severe blow over the last 24 hours, experiencing a sharp flash crash that erased more than $100 billion from the total market capitalization, dragging it down to $2.54 trillion. A wave of aggressive liquidations caught overleveraged traders off guard, shifting market sentiment squarely back into a defensive posture.

Core Market Performance

Bitcoin (BTC): Trading at approximately $77,180. BTC experienced a violent cascade overnight, briefly breaking below the $77,000 level to touch local lows before attempting a minor stabilization. It is down over 2.5% in the last 24 hours and has given up all its gains from last week's push above $82,000.

Ethereum (ETH): Trading at approximately $2,120. ETH suffered an even steeper decline than Bitcoin, plunging below its critical support floor at $2,200 and shedding nearly 3% in rapid succession.

Solana (SOL): Priced at roughly $84.90. SOL's recent momentum has completely cooled off, down over 5% as capital flees high-beta altcoins.

Market Snapshot: Bitcoin dominance stands at 60.80%. The rapid correction triggered a staggering $527 million in global liquidations within a single hour, with over $510 million coming from blown-out long positions.
BTC1.54%
ETH2.46%
SOL1.42%
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