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Crypto Market Retreats Due to Overhang of Sellers

The crypto market has lost 3.3% in the last 24 hours to $2.3 trillion. The last time this level of capitalisation was on 19th April. Most worrying is the reversal of the trend from up to down last Wednesday. If the market easily pulls back below the previous local lows ($2.2 trillion), the downtrend in the market will be confirmed.
United Kingdom Steven Nerayoff Raul Pal Dominic Williams Mellon Bank United Kingdom National Crime Agency

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