The crypto market capitalization experienced a significant decline of 20.4% in the last 24 hours, falling to $2.4 trillion, according to CoinGecko. This drop is attributed to heightened geopolitical tensions and broader macroeconomic pressures impacting investor confidence. The market's vulnerability to external factors is highlighted, suggesting a potential shift towards safer assets. This downturn underscores the interconnectedness of global markets and crypto's sensitivity to geopolitical events.

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