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Blockchain Information · 12 June, 2026

Cryptocurrency Market Overview This Week: Bitcoin Plunges, Altcoins Bleed, and Caution Dominates Investor Sentiment

This week marked one of the most volatile periods in the cryptocurrency market since the beginning of 2026. After months of optimism surrounding a potential new bull cycle, Bitcoin suddenly experienced a sharp correction that triggered widespread selling across the market. Numerous altcoins lost between 20% and 50% of their value within days, leveraged positions

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