Crypto Market Selloff and Rebound

Crypto majors like Bitcoin and Ethereum experienced a significant selloff on Thursday, with nearly $1B in crypto longs liquidated, but rebounded over the past 12 hours. Vitalik Buterin warned about potential AI threats to encryption.

Why it matters. Crypto markets and their broader implications for digital assets and financial markets are affected, as the selloff and rebound highlight volatility and investor sentiment.