Financial analyst Adam Qubaisi, who prepares the financial bulletin on platform X, stated that the market #الكرببتو has seen more than a trillion dollars evaporate from its market value since October 6th.\n\nHe added: "The million-dollar question: What is happening in the world of cryptocurrencies right now? Cryptocurrency markets have officially lost more than a trillion dollars of their market value since October 6th, but why? The answer seems to be more technical than fundamental."\n\nHe explained that "leverage has reached unprecedented levels, which has amplified market movements, as seen during the massive liquidation wave that amounted to 20 billion dollars on October 10th."\n\nHe added that "the adoption of cryptocurrencies remains at record levels, regulatory constraints are at their weakest, while the pace of technological development is accelerating," pointing out that the market has become more reactive than ever before, amidst Trump’s posts.\n\nHe continued: "As a result, when uncertainty prevails or technical momentum wanes, downward volatility is amplified, with about 300,000 traders liquidated daily on average."\n\nHe concluded, "The long-term thesis for the cryptocurrency market has become stronger than ever, but the short-term picture indicates wilder volatility in both directions. Leverage acts as a sedative for the markets."\n#BTCDown100k \n$BTC \n\n$ETH \n\n$SOL \n
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