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Why Is The Crypto Market Crashing Today?

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This is the definition of a crypto crash. I don’t remember seeing Ethereum more than 20% down in a day since the last bear market. Bitcoin is down 13% and is now trading below $53k. Ethereum price is below $2.4k. All other altcoins are bleeding more than 15% as well. So, what actually happened? The
bullish:

1

bearish:

0

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