In a dramatic 24-hour span, the cryptocurrency market lost 100 billion USD, now standing at 3.5 trillion USD, amidst escalating concerns over the Federal Reserve’s policies and aggressive selling by major holders.
Bitcoin dropped to 106,500 USD, while Ethereum fell to 3,600 USD. Liquidations reached approximately 1.2 billion USD, predominantly from long positions, reflecting the volatility affecting crypto assets.
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