Crypto markets are experiencing a significant correction, with Bitcoin and major altcoins plummeting by 10-20% in a single day. The sudden sell-off is attributed to a combination of factors, including profit-taking, regulatory concerns, and profit warnings from major exchanges. Despite the volatility, analysts remain cautiously optimistic, citing the resilience of the crypto market and the potential for a rebound in the coming days.

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Agreed, seeing a healthy correction after such a rally. This volatility is natural. Keeping an eye on regulatory news and balance sheets of exchanges will be key. A rebound seems likely as the fundamentals remain strong.