💨 Abstract

This week, cryptocurrency markets experienced heightened volatility, with overall liquidations exceeding $300 million. Major tokens like XRP, Cardano (ADA), Solana (SOL), and Ozak AI (OZ) were affected, experiencing significant price declines. Macroeconomic uncertainty, tightening regulatory scrutiny, and high leverage positions in perpetual futures markets have contributed to the downturn.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖