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VanEck Analyst: There is no single trigger for this round of Bitcoin plunge, making it more difficult to determine the market bottom
8m ago
Data: If BTC drops below $67,343, the total long liquidation strength on mainstream CEXs will reach $1.572 billion.
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Cap: Due to the current market environment, the 1CO has been postponed.
Odaily Planet Daily reports that the stablecoin protocol Cap announced on X that, after assessing the current market conditions and community feedback, it has decided to postpone Cap’s 1CO. Although the protocol’s growth and market feedback have been strong, due to increased volatility in the macro market environment, some potential participants are restricted. To ensure fairness and inclusivity in participation, Cap has made this decision from a long-term perspective.
Cap will share an update plan when market conditions are more favorable for broad participation.