Crypto Market Bloodbath: $300 Million Wiped out as Ether Hits $3,100

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Market took serious hit amid large wipeout triggered by institutional investors

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Investors and traders are keeping a close eye on key levels, given the current state of the market. Ethereum needs to stay above the $3,000 to $2,900 range in order to keep the market stable. Before making any more moves, Bitcoin's performance will also be continuously watched for confirmations of higher lows.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

 

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