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Why Are Crypto Prices Down Today? The Coin Republic 6 hari yang lalu

Why Are Crypto Prices Down Today? 📉

Crypto prices took a nosedive today, causing a stir in the market. According to Coinmarketcap data, Bitcoin's value dropped to $102,836, marking a 1.86% decrease in early trading. Ethereum experienced an even steeper decline, falling 6.18% to $2,455.68. Dogecoin was similarly affected, sliding over 7% to $0.175.

In the derivatives market, this sharp decline led to the liquidation of more than $800 million in leveraged long positions within a matter of hours. The sudden drop in prices is raising questions and concerns about market movements.

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