Crypto Market Plunges Amid Heavy Liquidations
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BTCCSquare news:
The cryptocurrency market suffered a sharp downturn, shedding 9.9% in 24 hours and extending its weekly losses beyond 11%. Panic selling intensified as digital assets mirrored declines in traditional equities, triggering cascading liquidations across major exchanges.
No specific coins or exchanges were cited in the initial report, but the broad-based selloff likely impacted all major tokens. Market observers note the correlation with risk-off moves in equities has grown more pronounced during this capitulation phase.
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