The crypto market experienced a significant downturn on December 20, 2024, with $1.2 billion of positions being liquidated. This mass-liquidation event affected several leading cryptocurrencies including Bitcoin, Dogecoin, XRP, and Solana, which all faced double-digit losses.nnLeading the pack, Bitcoin, the largest cryptocurrency by market cap, suffered a significant blow. Similarly, altcoins like Dogecoin, XRP, and Solana also found themselves caught in this downward spiral. The sudden market crash has left many crypto investors and traders in a state of anxiety and uncertainty.nnThis unprecedented event highlights the volatility and unpredictability of the crypto market. It serves as a sobering reminder of the risks involved in crypto trading. The specifics behind the precipitous drop are still being analyzed by market experts. More updates will follow as more details come to light. Read More
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