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hiCrypto and ВТС
Within minutes there was a vertical collapse in cryptocurrencies and bitcoin. Concerns about euro inflation and an uninteresting trading session made it very hard.
It was a moment that cannot be forgotten for bitcoin and other cryptocurrency markets. Within minutes, several support points were shattered, with BTC back near $29,000 and Ethereum below $2,000.
There was panic in the markets, a liquidation streak in the middle of the European session, and all this against the background of a major correction in the European stock market, almost exclusively negative for the session, which started badly and continues to deteriorate.
And all this on an already unusual day, at least for the Eurozone, thanks to the release of the inflation data.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).
Rao Cash Analytical Digest: Crypto Market Insights
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