Jim Cramer's Tweet Catches Crypto Community's Attention: Details

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Jim Cramer's Tweet Catches Crypto Community's Attention: Details
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Jim Cramer's tweet piques crypto fans' interest, here's what it is Bitcoin

Cryptocurrencies, European stocks and U.S. equity futures all fell as persistently high U.K. inflation stoked concerns about interest rates rising for an extended period. once again dipped below the psychological $30,000 mark.

The lead cryptocurrency fell as much as 5% before reversing some of its loss to trade at roughly $29,465 at press time. Cryptocurrencies like Solana and Avalanche saw bigger declines than the 7% loss experienced by Ethereum ., the unexpected sell-off caused long positions worth $237 million to be liquidated across exchanges.took to Twitter to comment on the drop seen across the board, saying,"Getting near being oversold.

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