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Bitcoin and top cryptos plummet further as analyst terms market crash 'structural'
Bitcoin (BTC) has declined below $65,000 on Thursday, down 11% over the past 24 hours. The move marks its largest decline since the October 10 leverage flush. Since then, the top crypto has erased more than 50% of its value since the October 10 leverage flush. Several top cryptos are also plunging, with Ethereum (ETH), BNB, XRP, and Solana (SOL) down 11%, 10%, 16%, and 11%, respectively. The move has sparked a more than 10% decline in the crypto market, pushing its losses to nearly 40% since October 10. Notably, the global crypto market has dropped more than $1 trillion since January 14 or $45 billion per day. The ... (full story)
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