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The total crypto market cap lost over $200 billion in a few hours.
Aside from these meme coins, the other massive losers in the past 24 hours are CORE, DYDX, W, CFX, and more.
The crypto market sees a sharp correction as the U.S. stock market waves some concerning red flags.
Cryptocurrency liquidations hit $468.2 million between about 2:00 p.m. ET and 3:00 p.m. ET on April 12.Total crypto liquidations in the past 24 hours reached $858.15 million among 270,018 traders, crypto liquidations tracker CoinGlass finds.
VeChain and Neo seen as proxy bets on Hong Kong becoming Asia’s first city to approve bitcoin and ether ETFs, analysts said.
Hong Kong regulators are expected to greenlight spot ETFs for both bitcoin and ether as early as Monday, Bloomberg reported, citing sources familiar with the matter.