Crypto Crash: Liquidations Cross $1 Billion As Japan’s Nikkei Drops 13%

There’s too much blood on Satoshi Street currently with the broader crypto market crashing by 18.1% with more than $400 billion eroded from the crypto market in the last few hours. The crypto sell-off has intensified in the Asian trading hours as Japan’s Nikkei crashed another 13% in the early trading hours on Monday, August 5. The recent crash of Nikkei has extended the index loss to more than 20% from the July top.

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