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$1.2 Trillion Wiped from Crypto Markets in Six-Week Selloff

The cryptocurrency market has shed more than $1 trillion in value over the past six weeks as worries about inflated tech valuations and the Federal Reserve's interest rate policy triggered a brutal selloff in speculative assets. What began as a correction has evolved into one of the sharpest downturns in recent crypto history, erasing nearly all gains made earlier in the year.

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