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Recent Crypto Market Collapse Was Only “Rebalancing”: Report

The recent crypto market collapse was only “profit-taking” and “rebalancing” so the traders should not worry, according to stock market analysts as we are reading further in our crypto news today. After reaching the point of extreme greed, the crypto market turned to fear but investors should not panic as the stock market analysts believe that the recent crypto market collapse has only seen the market “rebalancing.” Total CryptoCap Daily Price Chart Source TradingView Across the markets this week, there was a huge selloff across the board. Among those that were hit the hardest, were overvalued tech stocks and cryptocurrencies.…

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