**JUST IN:** Crypto market crashing.

The headline reports a sharp, broad-based decline across the crypto market, though it does not specify the magnitude, duration, or the trigger behind the move. Crypto selloffs of this type typically transmit through risk appetite: when leveraged positions are unwound and liquidity thins, correlated drawdowns spread across major tokens, and the sell-off can be amplified by forced liquidations on derivatives venues. The assets most directly exposed are large-cap tokens such as bitcoin and ether, which often set the tone for the broader complex, along with higher-beta altcoins that tend to fall further in percentage terms. Traders should watch whether spot and perpetual futures volumes confirm the move and whether funding rates turn sharply negative, which would signal positioning stress, alongside the next U.S. CPI release, since shifts in inflation expectations influence the risk-asset appetite that crypto has recently tracked closely.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

Active traders typically follow a three-step workflow when a market-moving headline hits the wire: (1) read the headline on the terminal or hear it on the squawk box; (2) assess whether the news is already priced in (by checking intraday price action in the seconds before) or whether it's genuinely new information; (3) act — either entering a breakout position, fading an overreaction, or tightening stops on existing trades. Trading News Terminal's Pro plan delivers wire-grade headlines within seconds of the source, with automatic audio squawk on every HIGH-impact event, so the read-assess-act cycle never waits on a refresh button.