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Cryptocurrency market crashed by $430 billion in 48 hours of fear

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The cryptocurrency market lost $430 billion in capitalization since April 12, amid an unprecedented Iranian offensive against Israel. Traders lost over $2 billion in liquidations, which mostly affected Bitcoin (BTC), by $500 million, in an immediate risk-off reaction. Notably, the crash started a day before the Iranian airstrike against Israel dominated headlines worldwide. On April 13, Finbold reported a $150 billion crash with nearly $1 billion liquidated from cryptocurrency traders in 24 hours . At that time, there were no public confirmations of the later-known escalation of the war in Iran. After that, the cryptocurrencies took another hit following the subsequent news on Saturday night, in a panic sell-off. On that note, TradingView ‘s Total Crypto Market Cap Index registered a drop of $429.11 billion in the 48 hours before the attack, for 17% losses. Picks for you 2 cryptocurrencies to reach $50 billion market cap in April 11 mins ago Solana unveils...

FLEX soars 360% in 24 hours, sell signal has emerged

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The FLEX token has registered significant gains in the past 24 hours while data suggests the asset might be manipulated by large whales.  FLEX is up by 360% in the past 24 hours and is trading at $2.26 at the time of writing. Following the recent rally, the asset’s market cap rose to $222 million. However, FLEX’s daily trading volume witnessed a 7% decline and is currently standing at around $81,000. FLEX price, social volume, active withdrawals and active addresses – Nov. 27 | Source: Santiment Data shows that FLEX has been constantly moving between $2.25 and $0.45, with sudden movements, since it dropped from its all-time high (ATH) over the past four months of $8.16 set on Aug. 10.  You might also like: Vitalik Buterin unveils major overhaul of Ethereum staking to enhance decentralization According to data provided by the market intelligence platform Santiment, FLEX didn’t witness any withdrawals over the past two days. This could indicate the anticipat...