The Ethereum market was hit hard today, with the price falling below a key psychological line of defense. According to HTX and Gate market data, the price of ETH has fallen below $2,700, with a 24-hour drop of more than 9.2%-10%. The plunge was not an isolated event, as Bitcoin also fell more than 5% at the same time, once falling below $85,000, driving the entire cryptocurrency market into a sell-off. The core points of market analysis, the main reason for the decline: the general decline is caused by the resonance of multiple factors. Analysts point out that cryptocurrencies, as high-risk as
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