Sharp decline and billions of dollars in losses.. What is happening in the crypto market?
The Bitcoin market and the overall cryptocurrency market have experienced a sharp downturn amid a wave of negative sentiment that dominated the markets following the release of the latest earnings reports from technology companies.
The value of the world's largest cryptocurrency dropped by more than 5% briefly within the past 24 hours, falling below $73,500, before quickly rebounding and surpassing the $75,000 level.
Over the past two weeks, Bitcoin has lost more than 23% of its value, eroding its market
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