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Ethereum has undergone a strong rejection at the daily highs due to fundamental news pertaining to BitMEX. On Thursday morning, the CFTC of the U.S. announced that it is charging BitMEX for derivatives and anti-money laundering violations. Bitcoin dropped in response to the news, falling from $10,900 to $10,450 in the span of an hour or two. Ethereum and other altcoins also plunged as well, leading to the ongoing correction. While this was notable for
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