Bitcoin's 10% Plunge: Was It Matrixport's Fault? Jim Cramer? Leverage? Conflicting reports suggest that Matrixport's announcement of potential spot BTC ETF rejections may have sparked the crash, but a K33 analyst argues that it was more likely driven by a leveraged market reaching its boiling point.

Bitcoin's 10% Plunge: Was It Matrixport's Fault? Jim Cramer? Leverage? Conflicting reports suggest that Matrixport's announcement of potential spot BTC ETF rejections may have sparked the crash, but a K33 analyst argues that it was more likely driven by a leveraged market reaching its boiling point.

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