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What caused the crypto market crash? Crypto flash crash wiped out $300 billion in less than 24 hours, spurring massive bitcoin liquidations. This meant that $10bn in coinbase is the first crypto firm to list on the nasdaq (^ixic). But each time, the market has bounced back stronger than ever before. According to data from bybt, more than $9 billion worth of crypto long positions were liquidated in the past 12 hours.
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