The cryptocurrency market is witnessing a significant downturn today, with investors reeling from losses as the total market cap dropped sharply from $2.44 trillion to $2.33 trillion in just 24 hours. According to data from Coinglass, nearly $500 million worth of cryptocurrencies were liquidated during this period, affecting major assets including Ethereum (ETH), Bitcoin (BTC), Dogecoin (DOGE), Shiba Inu (SHIB), and Solana (SOL).·
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