The encryption market grew by a maximum of two years a week, increasing total market value by $474 billion

THE ENCRYPTION MARKET HAS RECENTLY SEEN ITS LARGEST WEEK IN THE BEAR MARKET IN TWO YEARS, WITH THE TOTAL MARKET VALUE RISING BY 22 PER CENT, BY APPROXIMATELY $474 BILLION. THIS INCREASE WAS ACCOMPANIED BY A $5 BILLION LIQUIDATION AND A FLASH CRASH, WHICH WIPED OUT THE MARKET VALUE OF $108 BILLION IN SIX MINUTES. ACCORDING TO CNBC, SPOT BITCOIN ETF ATTRACTED $1.92 BILLION THIS WEEK, THE LARGEST SINGLE-WEEK INFLOW SINCE LAST OCTOBER. ACCORDING TO CURRENCY NETWORK DATA, THE LIQUIDATION SITUATION HAS BEEN LARGELY BALANCED, WITH OVER $221 MILLION COMPETING WITH $218 MILLION IN EMPTY SPACE。