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Investors asking why is crypto down ought to consider these headwinds the market is pricing in today amid a down day in the markets. A big crash will wipe out more than half of this market. Bitcoin crash brings down crypto market over the weekend over the past week, the crypto markets have seen significant loss, as many coins deflated in value. Are the details of the latest crypto crash suggesting it's time to buy the dip or take a seat on the sideline? Critics and experts of cryptocurrency alike have their ideas about what could make the market work in their favor.
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The cryptocurrency market's massive crash worsened sunday as a wave of crackdown measures in china continues to rattle investor sentiment, pushing losses to more than $1.3 trillion since a market.
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According to the latest liquidation data published by the crypto analytics firm, bybt.com, nearly $1.5 billion worth of long crypto positions got liquidated in the last 24 hours.
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As they say, the devil is in the detail.
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