⚠️ The crypto market experienced a significant downturn, with Bitcoin's value dropping 17% to a five-month low of approximately $49,700. This sell-off resulted in over $1 billion in liquidations, affecting more than 278,000 traders. Bitcoin traders faced the most significant losses, with $360 million in liquidations. The market sentiment has turned sharply negative, as indicated by the Crypto Fear and Greed Index plunging into "fear" territory, reflecting heightened investor anxiety‼️
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