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#股票交易挑战最高赢17000U #2022 Qatar World Cup (four years ago, 11.20–12.18) Cryptocurrency Market Summary
Overall conclusion: The market is in a prolonged bear market with a continuous downward shift; Bitcoin and Ethereum remain weak throughout; fan tokens related to the World Cup surged before the event but collapsed across the board after the kickoff.
1. Bitcoin (BTC) and Ethereum (ETH), the two main cryptocurrencies: fluctuating downward, overall significant decline
The entire World Cup period coincided with the FTX exchange's collapse and bankruptcy, marking the deepest drop in this bear market:
1. Bitcoin (BTC)
Price was about $21,000 in mid-November before the tournament started;
After FTX's collapse, it fell to a yearly low of $15,742 on November 22;
During the entire World Cup, it hovered around $16,000 with a low range, with a nearly 30% decline within the period, showing a downward trend with no sustained rebound.