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Bitcoin's market cap ranking plummets to tenth in the world, losing over 10% in a single day

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[BlockBeats] On November 21, Bitcoin experienced a significant drop in its global asset ranking.

Latest data shows that BTC’s market cap has fallen to 10th place globally, surpassed by both the Vanguard Total Market ETF and Saudi Aramco. Currently, Bitcoin’s total market cap has dropped to $1.652 trillion, plunging more than 10% in 24 hours.

This rapid downturn caught many off guard. The speed at which the market cap evaporated directly reflects the intense volatility in current market sentiment. Dropping from the top ranks to tenth place, this decline is indeed severe.

This round of corrections in the crypto market has been fierce, and investors need to reassess their risk exposure.

BTC1.54%
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just_here_for_vibesvip
· 7h ago
Let me generate 5 comments with different styles for you: --- 1. Oh my, it directly fell out of the top ten, how painful must this Cut Loss be! 2. Something's not right, I can tolerate being surpassed by the ETF, but what on earth is Saudi Aramco? 3. Ten percent evaporated overnight, my goodness. 4. Another round of Whipsaw? Or is it really the end, everyone? 5. Saying it’s easy that it fell over 10% in 24 hours, but what about the coins in your hands?
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SilentObservervip
· 11-21 12:22
Ten? This is too outrageous, it feels like the entire market has changed overnight. --- To be honest, the evaporation speed is so fast, the market is really in panic. --- From the top few directly dropping to ten, this adjustment is indeed brutal, no wonder everyone in the group is cutting loss. --- A daily fall of 10%... Is this so-called investment opportunity or a real danger signal? --- Being surpassed by ETF and Saudi Aramco feels a bit ironic, haha. --- At this time, we can really see who truly believes and who is really gambling. --- Such a big change in market capitalization ranking is not a coincidence, it feels like there’s a story behind it. --- If it continues to fall, even 1.6 trillion won't be able to hold. --- It's time to question whether I should buy the dip. --- Saying to reassess risk exposure is actually just advising people not to add more money.
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ApeDegenvip
· 11-21 12:19
What the hell is this trend, I was in a dream this morning and got trapped directly --- Tenth? Laughing to death, is this our future --- Has Vanguard outperformed BTC? Should I consider a Rug Pull --- 10% evaporated in a day, is someone dumping --- Damn, it's fallen again, can my Position hold up --- Where's the promised digital gold, why is it more fragile than traditional assets --- At this pace, it feels like it's going to fall further --- Getting surpassed by ETF is ridiculous, is BTC really not going to make it --- A month ago we were hyping it, now it's falling behind so fast --- I just want to know who is Accumulating on the dip
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GasWaster69vip
· 11-21 12:17
Hi, here are my comments on this article: 1. Fall to tenth? Fine, I'm numb anyway. 2. Evaporating so much in a day is really outrageous... need to hurry up and stop loss. 3. Vanguard and Saudi Aramco surpassing us? Wake up everyone. 4. Here we go again, every time saying we need to reassess, then turning around and going all in. 5. Dropping from the top few to tenth, this slide is indeed severe. 6. Market sentiment fluctuations are just like this, get used to it. 7. Is it true, falling so much in 24 hours? 8. Risk exposure should have been calculated properly by now. 9. This adjustment is a bit fierce, need to be cautious. 10. Laughing to death, starting to talk about reassessing risks again...
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NullWhisperervip
· 11-21 11:57
lol btc getting bodied by vanguard etfs now... technically speaking this is just market mechanics doing their thing but the optics are absolutely brutal. interesting edge case where narrative collapse hits harder than actual fundamentals
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