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Gate Square New & Returning Creator Rewards are ongoing!
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The atmosphere in the entire market during the first week of November is quite depressed.
Bitcoin has fallen harder this time than during the crash on "10.11". Not only did it fail to hold the psychological barrier of $100,000, but it also plunged below $98,000—setting a new low for the past six months. Ethereum isn't doing much better, hitting a low of $3,000.
The data is even more severe: the total amount of liquidations across the network in 24 hours has exceeded 2 billion USD. Long positions were wiped out, losing 1.63 billion USD; short positions also did not escape, with 400 million USD liquidated.