Sharp declines shake the cryptocurrency market: reasons and the most declining currencies
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The cryptocurrency market on May 30, 2025, experienced a sudden drop, with market capitalization falling by about 2.6% to $3.34 trillion, recording collective losses affecting both major and minor currencies. This sudden decline raised concerns among investors and prompted many to seek reasons behind this abrupt downturn. The most significantly declining major currencies: $DOGE lost more than 10% of their value during the night due to a sudden wave of selling on major exchanges.
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