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According to Odaily, on May 27, the leading sectors in the cryptocurrency market were BRC20, Solana, and platform coins. Among these, TURT saw a 24-hour increase of 12.79%
Since the report's release, Bitfarms' stock has soared by 25%. Other popular mining stocks, such as Bitdeer, have also performed well, with a 61% increase within two weeks.
Regarding the cause of this sharp drop, some community members interpreted it as a targeted attack by a powerful market maker on a large contract holder who opened long BTC contracts on CEX (nicknamed “Set 10 big targets first
Bakkt Holdings' shares fell 35% after the loss of two major customers, Bank of America and Webull.