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Why Crypto Market Badly Crashed Today 🔻 The crypto market plunged sharply today as billions were wiped out within hours. Bitcoin fell from $122,000 to $102,000, while Ethereum and major altcoins dropped 10–25%. This wasn’t a random fall — it was a chain reaction triggered by global politics, leveraged trades, and shifting investor sentiment. The first blow came from U.S.–China trade tensions. President Trump’s announcement of 100% tariffs on Chinese tech imports sent global markets into panic. Stocks, commodities, and especially crypto fell as investors rushed to safer assets. Bitcoin, often seen as a hedge, moved in sync with equities — proving how intertwined it’s become with traditional markets. Then came the liquidation wave. As prices dipped, over $3.3 billion in leveraged long positions were force-sold across major exchanges, deepening the crash. In today’s high-leverage environment, even a small move can snowball into massive losses. Adding fuel to the fire, the U.S. dollar strengthened and bond yields rose, drawing capital away from risk assets. Institutional inflows into Bitcoin ETFs cooled, while retail traders rushed to lock profits. The result — thin liquidity and panic selling. Fear spread fast across social media, echoing the anxiety of global markets. Many analysts see this as a healthy correction after months of rallies, though others warn of more volatility ahead if macro conditions don’t stabilize.
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$ASTER Told You Guys Again And Again To Add Some In Your Portfolio. Aster holding Strong Above $2 Currently Trading At $2.089 Up By 39.27% With 24Hrs Volume Of $213.48M $ASTER Buy And Hold It For Good Returns Don't Miss it. Buy And Trade here $ASTER #WhaleWatch #BNBBreaksATH #MarketUptober #PerpDEXRace
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$BTC is showing signs of exhaustion after multiple rejections from the 122,660–123,700 resistance zone. The 30-minute chart reflects a clear lower-high structure, suggesting sellers are tightening control. If price sustains below 122,700, momentum could extend toward deeper support near 120,600. Market Outlook: Momentum remains bearish as BTC struggles to reclaim 123K. Failure to flip this zone into support keeps downside risk high. Watch for volatility spikes during US market hours — short-term traders may find strong opportunities on confirmation candles below 123.700 #BTC #CryptoTrading #Binance #Altcoins #WriteToEarn buy and trade here on $BTC
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