The cryptocurrency market experienced a significant downturn on August 27, signaling a shift in investor sentiment. The popular Crypto Fear and Greed Index plunged back into negative territory, dropping to a score of 30 out of 100. According to Coinglass, approximately $320.86 million worth of cryptocurrencies were liquidated in the last 24 hours, predominantly from long positions. This article delves into the recent fluctuations in the cryptocurrency market, examining the causes behind the do...