Why is the crypto market down today? By Cointelegraph

In the words of Crypto Twitter traders,tmgm foreign exchange dealer the market is “down bad” today. And with the daily close approaching (in candlestick-chart terms), it looks like the sell-off in () and altcoins is far from over.

On Nov. 9, Bitcoin price dropped to a new yearly low at $16,661, bringing the price back to levels not seen since November 2020 when the bull market that catapulted BTC to an all-time high of $69,400 first began.

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