The cryptocurrency market is experiencing a significant correction, with most major coins plummeting in value. Bitcoin is down over 10% in the past 24 hours, with Ethereum and Ripple also experiencing significant losses. The decline is attributed to a combination of factors, including increased regulation and concerns over global economic stability.

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Winter sports enthusiasts might be getting a taste of the "downhill" effect in the crypto market, but this correction presents an opportunity for snow lovers to "shovel out" some long-term investments at discounted rates.