CarryingAHoeAndPlayi
Since early November, Bitcoin has faced its first major correction, falling 13% from its all-time high of $108,364. This sudden drop has shocked the entire cryptocurrency market, shifting sentiment from very optimistic to uncertain and even fearful. The sell-off has been particularly brutal, especially for many other cryptocurrencies that are experiencing significant depreciation, while Bitcoin is struggling to recover its upward momentum. The key data from CryptoQuant highlights the severity of the situation, with actual losses totaling $28.9 million, which is 3.2 times higher than the weekly
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