The global crypto market is facing a big drop today. Almost all top coins are in the red, with 98 out of 100 major tokens down in the last 24 hours. Traders are reacting to global economic pressure and uncertainty. Many large investors are betting against Bitcoin, putting more than $5 billion into bearish positions. This has added stress to the overall market. Experts say this trend may continue until the end of August because a major Bitcoin options expiry is near. For now, the market looks weak, and traders should stay careful with short-term moves.
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