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Crypto Markets Lost $50B Following Wall Street Tuesday Crash

Bitcoin failed at decisively overcoming $25,000 once again yesterday, and the subsequent rejection brought it back down to just below $24,000.

Most altcoins have suffered even more on a daily scale, with MATIC, OKB, SOL, and several others dumping by around 7%.

Overall, though, the total crypto market cap saw roughly $50 billion gone at one point and has dropped beneath $1.1 trillion on CMC.

(By Jordan Lyanchev)

Get the latest news here: Cointime channel — https://t.me/cointime_en

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