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Meilin (美林 / 美琳)
Crypto assets fell again on Sunday night, with BTC and ETH hitting two-month lows:
Reuters mentioned two concerns: after the US midterm elections, the Congress controlled by the Democratic Party may tighten digital asset regulations; and the ongoing impact on market trust from the previous major security incident at Binance.
Here, three levels need to be distinguished.
Confirmed fact: Prices have clearly declined, with a cumulative net outflow of $1.2817 billion from BTC ETFs over the last 5
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