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BSCN·2025-11-05 04:51
WHY IS CRYPTO DOWN? A DEEPER LOOK AT THE MARKET SELLOFF- On November 5, total market capitalization fell by nearly 3% to $3.69 trillion, marking one of the sharpest single-day declines in months.- Bitcoin, which had been riding high since summer, slipped below $100,000 for the first time since June, dropping 6.4% on Nov. 4 to around $99,705.- Ethereum, Solana, XRP, and other major altcoins followed suit — wiping nearly $880 billion from the market in a month.Let’s unpack what’s really driving this downturn. ...