The crypto market slid early Thursday as ether, the second-largest token, dropped more than 3% to below $4,000. The decline triggered large liquidations, including a multimillion dollar loss for one whale.
also fell 1.5% to $115,600, nearly erasing gains from Wednesday’s rebound. Other major cryptocurrencies followed suit amid declines in Nasdaq and S&P 500 futures, likely caused by rising odds of a U.S. government shutdown.
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