Let's Talk ₿itcoin: Crypto Market Flash Crash ⚡🌩️ What Next!!!

Crypto Market Update: Bitcoin, the leading cryptocurrency, reached a new two-month low on Friday, moving beyond its recent constrained range amidst a surge of risk-averse sentiment that is permeating global markets.

On Thursday, Bitcoin experienced a 7.2% decline, marking its largest single-day drop since November 2022, a time when prominent exchange FTX collapsed.

World markets are currently experiencing significant sell-offs, exemplified by Wall Street's main indexes ending lower on Thursday. Asian stocks are also on a trajectory for a third consecutive week of losses, fueled by worries over China's economic stability and concerns that U.S. interest rates may remain elevated for an extended period due to a robust U.S. economy.

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