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Crypto Bull Run Postponed? $200B Wiped Out as Market Turns Bearish
- The crypto market opened the fourth quarter with a bearish outlook, wiping out over $200 billion in valuation.
- The bearish sentiment is attributed to deteriorating geopolitical situations and SEC's regulatory crackdown.
- However, low crypto optimism among traders indicates a potential market rebound.
- Bitcoin price could drop to $52k, triggering a correction in the altcoin industry.
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