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The market is entirely painted in red today, with most cryptocurrencies charting considerable declines across the board.
Volatility in the crypto market has caused over $400 million in liquidations over the past 24 hours.Bitcoin positions saw $127 million in liquidations alone, predominantly long positions.
BTC price action may be upsetting for leveraged longs, but Bitcoin market observers are finding reasons for optimism.
Ethena has initiated airdrop claims for its governance token, representing 5% of its total supply. The governance token will be listed on various centralized exchanges starting at 4:00 a.m. EST.
In the past 24 hours, many new popular tokens and topics have emerged in the market, which are likely to be the next wealth creation opportunities.
