Bitcoin Plummets to $50,850 Amid $800 Million Crypto Liquidation: Is This a Bear Trap?
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Bitcoin has seen a significant drop, falling to $50,850 which marks a 15% decline within just 24 hours. This decline contributed to an $800 million liquidation in the cryptocurrency market.
The broader implications of this sudden drop have raised questions about the stability of the market and whether this is a temporary bearish movement or a longer-lasting trend.
The total market capitalization now stands at $1.94 trillion, the lowest it has been since mid-February. This has led to increased speculation and concern within the crypto community.
Sursă: en.coinotag.com ↗
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