What Caused the Crypto Crash This Weekend? Here Are the Key Factors
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Crypto crash sees most tokens nursing double-digit percentage losses. Investors scramble for answers on what triggered the market turmoil. Shifts in financial policy and escalating geopolitical tensions are being blamed. Cryptocurrency markets are known for their volatility and sudden sell-offs. A prominent example was China’s restrictions on crypto trading and mining in May 2021, which caused Bitcoin's price to plummet by 50% to $30,000. Crypto crashes are a hallmark of the digital asset landscape, continuously testing investor resolve and market resilience. Nonetheless, the crypto world was shaken by a sudden $360 billion drop in total market cap over the
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