Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion
- Bitcoin and Ether are staging their worst weekly rout since the FTX implosion, vaporizing $390 billion in market cap. The moonboys are currently hyperventilating into paper bags, while regulators sip tea, waiting for an excuse to ban everything that isn’t a government bond. It’s a classic crypto correction: prices drop, leverage gets liquidated on Coinglass, and the "digital gold" narrative takes a hit. But let’s be real—this volatility is the price of admission for a decentralized casino. If you’re holding bags this heavy, maybe it’s time to check if your portfolio is actually backed by anything other than hope and Twitter threads. The market doesn’t care about your entry price; it only cares about who’s left standing when the dust settles.