Crypto market just wiped out nearly $24B in market cap as risk sentiment turned cautious. 📉

$BTC slipped below $64K, trading around the $63K zone, while $ETH , $SOL $XRP and other major assets followed lower.

The trigger? A broader risk-off move after a global semiconductor sell-off hit tech markets. But crypto weakness was already building:

• Spot Bitcoin ETFs saw nearly $476M in net outflows over three sessions
• Traders reduced risk ahead of the Fed’s policy decision
• Momentum weakened after BTC struggled to break higher

This move shows how connected crypto has become with broader markets. When investors cut exposure to risk assets, digital assets often feel the pressure too.

Key levels to watch:

🔹 BTC support: $63K area
🔹 Market cap support: ~$1.85T
🔹 Resistance: $1.90T–$1.96T

Short-term volatility remains, but the bigger question is whether buyers step back in or if risk appetite continues to fade.

#Bitcoin #Crypto #BTC