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2025-01-09 13:29:19

Why is the Crypto Market Down Today? Bitcoin Drops to $93,000 on Potential $6.5 Billion Sell-Off

The total market capitalization of the cryptocurrency space has dropped by more than $60 billion over the last 24-hour period over a combination of factors, including reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government. Equities markets started dropping earlier in the week after job openings

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