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#Recent Crypto Market Insights
BTC fell to around 76500, almost touching the key support level of 75,000. Ethereum fared worse, directly breaking below 1800 and reaching around 1750, piercing through the lowest support level of 2000 points in over a year. In fact, this wave of fall in the crypto world is not caused by its own market conditions, but the direct reason is the big dump in the US stock market last night. The Nasdaq fell by 4% in one day, and TSL dropped by 15%, having halved from its relative high. US stock investors are in panic, which also caused the overall decline in the crypto market to exceed 10%.