The downturn in the cryptocurrency market has been severe, with Bitcoin and Ether taking the biggest hits. Over the past 24 hours, Bitcoin fell to $92,580, its lowest level in three weeks, and Ether totally collapsed, giving up nearly 24% of its value and tumbling down to $2,326—the lowest level for Ether since way back in early September. Liquidations impacted 418,277 traders across the broader market, with a total of over $2.04 billion in liquidations. Total losses amounted to $1.06 billion. Among the losses, one large-scale investor, or “whale,” was liquidated for $19.05 million. A sharp decline is in effect
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