Bitcoin Market Cap Shrinks by $1 Trillion
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Myrtle
How to ask in English about Bitcoin losing one trillion in value?
2023-06-03 03:04
Answer list:：
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Peyton
Release time 2023 06 03
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Sibyl
Release time 2023 06 03
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Meadow
Bitcoin's evaporation of one trillion is the phenomenon of its market capitalization decreasing by one trillion US dollars. This can happen due to various reasons such as a sudden drop in demand from investors, negative news or sentiment surrounding the cryptocurrency, and regulatory crackdowns by governments. When the market capitalization of Bitcoin decreases by such a significant amount, it results in a selling frenzy, leading to a further drop in its value. This can also have a cascading effect on the entire cryptocurrency market, causing other cryptocurrencies to decrease in value as well.
Release time 2023 06 03
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Ryan
Release time 2023 06 03