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The bid-ask spread represents the difference between the buying and selling price of a security. A narrow spread indicates high liquidity, while a wide spread suggests lower liquidity. Understanding bid-ask spreads is important for effective trading.
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Economic crises can also negatively impact the cryptocurrency market. In the event of a global recession, investors may begin withdrawing their funds from risky assets such as cryptocurrencies, leading to a decline in their prices.
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gm
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Retroactive Marks introduced for gas spent on Scroll as a token of appreciation to early contributors 👀
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