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Cryptocurrencies Plunge as Doubts About FTX-Binance Deal Grow


Bitcoin, the largest token by market value, fell as much as 17% on Tuesday to $17,172, its lowest since November 2020. The plunge took it below some key trading thresholds that investors had previously been viewing as support. Just about every digital coin was hit: Ether, Polkadot and Avalanche each slumped more than 14%, while both Solana and Dogecoin dropped more than 28% at one point. 


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