In the dynamic world of cryptocurrencies, market variations are often due to a multitude of factors. One of the primary reasons for the downtrend in the cryptocurrency market today could be attributed to large investors, also known as ‘whales’, selling off their cryptocurrencies, causing a surge in supply and hence, a decrease in price. Another factor can be recent regulatory news or changes in market sentiment affecting the perceived risk of cryptocurrencies. Last, but not least, macroeconomic events or technological advances can also influence the crypto landscape. Read More
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