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Crypto derivatives can foresee price action but need institutional buzz to truly shine
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The cryptocurrency market has been under a period of duress, with a majority of the tokens in the cryptoverse witnessing a price slump that has set in since the first week of December. The flagship cryptocurrency token, Bitcoin (BTC), underwent a flash crash on Dec. 4, wherein the price of the token fell below $50,000 in nearly two months, as per data from Cointelegraph Markets Pro.
This phenomenon was witnessed among the majority of the cryptocurrency tokens as the market was gradually painted
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