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Learn More…This rapid increase is often fuelled by a combination of media hype, social media influence, and FOMO amongst traders.Characteristics of a market bubble include a rapid price increase, where prices of cryptocurrencies skyrocket within a short period; speculative investments, where traders buy cryptocurrencies primarily for short-term gains rather than based on fundamental value or long-term potential; and media hype, where extensive coverage and promotion of cryptocurrencies in the media contrib…
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