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✔️Why Crypto crashing ?
The crypto market is experiencing a significant downturn today due to several factors. One major reason is the anticipation of continued high interest rates from the Federal Reserve, which reduces liquidity and investment in riskier assets like cryptocurrencies. Additionally, a substantial amount of leveraged positions were liquidated, further driving prices down. Over $380 million in liquidations occurred in the last 24 hours, exacerbating the market decline . This selling pressure, coupled with broader economic concerns, has led to today's sharp drop in crypto prices.
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