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As Bitcoin Falls, U.S. Cryptocurrency Stocks Drop

BlockBeats News, January 13th, as Bitcoin briefly fell over 5% within 24 hours, U.S. cryptocurrency stocks took a hit, with the ProShares Bitcoin Strategy ETF and the iShares Bitcoin Trust both declining by 3.7%. (Jinse)

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On February 28, the US stock market experienced significant volatility due to Trump's remarks and economic data. The S&P 500, Nasdaq, and Dow Jones indices all fell, leading to a substantial decrease in Nvidia's market capitalization. The cryptocurrency market also took a hit, with Bitcoin and Ethereum prices declining. Market panic intensified, but the crypto industry remained optimistic about regulatory changes.
In the past 24 hours, the entire network has liquidated about 767 million US dollars, of which long orders have liquidated 658 million US dollars and short orders have liquidated 108 million US dollars.
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