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CoinGape

CoinGape

Business

Business & Economics

The crypto market is facing severe downturn, with top cryptocurrencies facing $685 million liquidation

CoinGape
Summary
Nutrition label

52% Informative

The global crypto market is currently navigating a bearish period with the total market cap slipping to $2.73 trillion , down by 3.09% This week begins by witnessing a steep crypto market crash, with top cryptocurrencies facing $685 million liquidation.

Bitcoin was leading the liquidation frenzy, with a staggering $270.75 million in positions being wiped out.

Meanwhile, Donald Trump ’s World Liberty Financial suffered a significant loss of a $110 million .

VR Score

29

Informative language

17

Neutral language

8

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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