Brutal Correction Hits Speculative Crypto Sectors
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Summarize this article with:
The crypto market is going through an unstable period, marked by a sharp decline in the most speculative assets. In 24 hours, memecoins lost more than 5 billion dollars, bringing their capitalization to an annual floor. NFTs follow the same trajectory, reaching their lowest level since April. This plunge is part of a broader flight-to-safety movement, with investors massively deserting high-risk assets.
In brief
- The crypto market is undergoing a violent…
