The crypto market just hit a wall after one hell of a ride
The crypto market dropped 3.81% in 24 hours, cooling off after what had been a solid 7-day rally that gained 6.22%. Hot inflation data threw a wrench into everyone’s rate-cut dreams, and suddenly those leveraged long positions looked a lot less attractive. $161M in Bitcoin longs got liquidated, and meme coins took it on the […]
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