Early Saturday morning, crypto markets plunged, with mega-cap cryptocurrencies Bitcoin and Ethereum losing altitude quickly, crashing by double-digit percentages in less than an hour. This led to a market-based sell-off, which included top web3 and DeFi cryptocurrency, Polkadot (CRYPTO: DOT). As of 11pm ET, Polkadot had lost 9.8% of its value, over the past 24 hours.
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