Crypto market sheds $200B in 24 hours as Bitcoin drops over 6%

Over the last 24 hours, the digital asset market’s total value fell to $2.65 trillion, a $200 billion decline from $2.85 trillion, according to CoinMarketCap. Bitcoin slid more than 6% toward the mid-$78,000s, while Ethereum and Solana lost over 10% and 11%, amid macro jitters and a liquidity-driven unwind flagged by The Kobeissi Letter on January 31.