What happened to cryptocurrencies on Thursday?

On Thursday, the cryptocurrency market experienced significant volatility. Many major coins, including Bitcoin and Ethereum, saw sharp price movements, both upwards and downwards. Traders and investors were left scratching their heads as to what caused this sudden shift in sentiment. Was it a result of a major news event? A technical glitch? Or perhaps a coordinated market manipulation? The lack of clarity surrounding the reasons behind the price movements has left many in the crypto community searching for answers. What's more, the market's reaction to these price swings has been mixed, with some seeing an opportunity for profits and others fearing a further market correction. As the crypto market continues to mature, Thursday's events serve as a reminder of the risks and uncertainties that still exist in this emerging asset class.