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Top Reasons Why Bitcoin, Ethereum and XRP Price Are Crashing Today

By Frank bevah

The crypto market fell about 5.4% in 24 hours, shrinking to $2.54 trillion early Friday, November 6. Bitcoin price traded at $75,551, while Ethereum (ETH) changed hands at $2,221 and XRP price slipped to $1.20. Bitcoin dipped 6.09%, Ethereum fell 8.32%, and XRP fell 8.33% over the past 24 hours. Ad Ad Crypto Market…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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