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Binance's joint CEO Richard Teng stated that the $19 billion liquidation in the crypto market on October 10 was not triggered by the Binance platform itself, but was a result of macroeconomic factors affecting both China and the United States.
Amidst the intensifying fluctuations in the global macro environment, the interconnectedness of the crypto market has once again become a focal point.
Market sentiment, liquidity changes, and policy expectations are profoundly influencing the trends of digital assets.
๐ Does this event signify that macro factors are once again dominating the direction of the crypto market?
Feel free to rationally discuss your views.
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