Some people buy and sell things called cryptocurrencies, which are digital money. Bitcoin, Ethereum, and Dogecoin are examples of these digital currencies. Sometimes, the price of these cryptocurrencies goes up or down a lot, and people can make money by buying when the price is low and selling when the price is high. But sometimes, things don't go as planned, and people lose money instead. That's what happened recently, when more than $200 million worth of these digital currencies were sold at a loss by people who bought them hoping for the price to go up. This made the prices of Bitcoin, Ethereum, and Dogecoin drop a lot. However, some experts think that after a special event called "halving," the prices of these cryptocurrencies will go back up and reach new records. Read from source...
- The article title is misleading and sensationalized. It implies that the plunge in cryptocurrencies was caused by $200 million worth of crypto long liquidations, when in fact it was just one factor among many others.
- The article does not provide any evidence or sources to support its claims. For example, it mentions an analyst who says King Crypto will reach all-time highs after the halving event, but does not name him or cite his credentials or predictions.