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Cryptocurrencies rebound after a short-term crash, lacking clear catalysts
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Jinse Finance reported that institutional assessments of cryptocurrency trends show that starting from 13:59 on September 22, East 8th District time, bitcoin faced heavy selling pressure, dropping more than 2% in a short period, while ethereum fell by 5%. Other cryptocurrencies were also affected, with solana dropping 7% within 3 minutes. Although bitcoin fell to the key level of 111,900, the price subsequently rebounded as buyers buying the dip re-entered the market.
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