Major crypto market declines after Silvergate liquidity crisis
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Cryptocurrency investors were in for a rude awakening as the market experienced a steep decline in recent weeks. Investor and trader, The Elite Crypto, expressed in a tweet they believe that the culprit behind this massive slump is none other than Silvergate Bank.
The crypto market cap is down over 3.3% in the past 24 hours, with many digital currencies experiencing significant losses.
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