Bitcoin Plummets to $50K Amid Crypto Market Turmoil: Key Factors and Implications
Bitcoin's value has crashed to $50K, driven by a blend of regulatory challenges, diminishing investor trust, and economic struggles. The sell-off is raising alarms about the stability of the crypto market. Experts warn that prolonged volatility could trigger a recession. Terra Luna to pay $4.5B settlement to the SEC adds to the market's woes.
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