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Bitcoin and Crypto Market Shed $1 Trillion Amid Leverage and Institutional Outflows

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Bitcoin and Crypto Market Shed $1 Trillion Amid Leverage and Institutional Outflows

The global crypto market has lost more than $1 trillion in just six weeks, marking one of its sharpest downturns since October. According to analysts, the slide is not due to weak fundamentals, but heavy leverage and large institutional withdrawals.

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