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Crypto market crash more than $1trillion in market value



Reasons For Crypto Market Crash

1. Russian Central Bank proposed to ban crypto 2. Federal Reserve’s Hawkish Stance 3. Wider macro-economic conditions

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Bitcoin, Ethereum, PancakeSwap, Cardano and other cryptocurrencies crashed to their lowest and continue to plunge

Russian Central Bank


11:30 AM

– Cryptocurriencies poses a risk to the financial stability – Sovrenity of the monetary policy – Financial Safety of its citizen

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Currently, Bitcoin is trading at $34,870, even when trading activity has picked up significantly, indicating a mass sell-off in process.

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