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Why is Crypto Market Down Today: Big Crash or Small Correction?
Why is Crypto Market Down Today: Big Crash or Small Correction?
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3
The global cryptocurrency market has dipped today, with investors questioning whether this marks a significant crash or a minor correction. Data from CoinGecko reveals a 3.1% decline in the total market capitalization, now standing at approximately $3.44 trillion, despite robust 24-hour trading volumes.
Market sentiment appears cautious as traders assess the broader implications of this pullback. The downturn reflects a temporary retreat rather than a fundamental shift, given the absence of major negative catalysts. Historical patterns suggest such corrections often precede renewed bullish momentum.
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