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Coinbase and MicroStrategy Plunge 5% Amid Crypto Carnage
The cryptocurrency market has taken a drastic turn as the price of Bitcoin collapsed to an intraday low of $92,245 earlier today. As reported by U.Today, the severe beating has been attributed to the Federal Reserve’s indication that it would scale back easing in 2025.
As a result of this shockwave, major companies have also tumbled.
Source: u.today
