What is actually happening to Bitcoin (BTC) right now? Why the $2 trillion crypto market crash is sending Bitcoin, Ethereum, Solana, and XRP into freefall

Bitcoin crash fears intensified after BTC briefly slipped below $60,000 for the first time since October 2024. The broader crypto market has lost roughly $2 trillion since its October peak, falling from about $4.2 trillion to nearly $2.1 trillion. Ethereum price dropped around 10%, while Solana and XRP also suffered sharp losses. This looks less like a single collapse and more like a major repricing as investors rotate toward AI-driven stocks and traditional equities.