Crypto Market Crash Wipes Out $1.5 Billion in Bitcoin, ETH, SOL, and XRP Bets

The cryptocurrency market experienced one of its biggest selloffs, wiping out $1.54 billion in leveraged positions as Bitcoin, Ethereum, Solana, and XRP prices tumbled. The crash erased nearly $64 billion from the global market, with market cap falling to $2.71 trillion, triggered primarily by a major security breach and hack on Binance.