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Crypto Update | BitGet CEO on Overall Crypto Market Turmoil

Markets Outlook

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Market Turmoil: Analyzing the Crypto Downturn

This chapter discusses the recent downturn in the cryptocurrency market, focusing on the declines of Bitcoin and Ether, and the overall impact on the CoinDesk 20 index. It analyzes the causes of this turmoil, including negative economic sentiment and the behavior of institutional investors, alongside the role of major market makers in influencing Ethereum prices.

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