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Benzinga
Benzinga
Business
Melanie Schaffer

Here's How Ethereum Pulled Off A Massive Bull Trap

Ethereum (CRYPTO: ETH) was plunging over 6% at one point on Thursday, in sympathy with the general markets and the crypto sector, which were being pummeled.

Bitcoin (CRYPTO: BTC) had dropped over 6% during the 24-hour trading period by press time, while the S&P 500 took a 3.4% nose-dive at one point before recovering slightly.

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