The digital currency market has experienced volatility today, with major cryptocurrencies like Bitcoin, Ethereum, and Ripple bearing significant losses. Analysts attribute this primarily to sell-offs from large-scale investors, commonly known as ‘whales’. Additionally, the rising interest rates and stringent regulatory clampdown in numerous countries may be impacting investor sentiment negatively. While a decline in crypto market is not uncommon given its notoriously unpredictable nature, the ongoing geopolitical tensions around the world have also contributed to its instability. As a result, investors should tread carefully in the crypto-sphere and remember to diversify their portfolios to mitigate risks. Read More
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