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Why Did The Bitcoin And Ethereum Price Crash?

  • The Bitcoin and Ethereum price crashed below $67,000 and $2,500 following an alleged investigation into the USDT issuer Tether by the US Department of Justice.
  • The news sparked a major crypto market selloff due to fear and uncertainty among market participants.
  • Israel's retaliatory attack on Iran also contributed to the price crash, causing panic in the market.
  • The breakdown in the Bitcoin and Ethereum price is seen as a concerning sign, with potential selling pressure if the pattern continues.

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