$500 Million Destroyed Amid Crypto Bloodbath; End of Bull Market?

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Severity of correction we've witnessed turns out to be much higher than expected

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

The current severity of volatility has taken many by surprise. As the market navigates through this severe correction and faces a potential trend reversal, it is crucial for participants to stay cautious and, most importantly, as liquid as possible. Focusing on the longer-term outlook rather than short-term fluctuations might be the most viable strategy amid the unexpected market fluctuations we are witnessing now.

 

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