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S&P 500 Index Records Largest Weekly Decline Since May

2025-10-11 06:43

BlockBeats News, October 11, the S&P 500 Index closed down 182.61 points on October 10 (Friday), a decrease of 2.71%, to 6552.50 points; marking the largest weekly decline since May.

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Perspective: Currently, there are too many new project tokens, and liquidity providers only sell down to take profits, rarely placing orders to support the price, resulting in a significant overnight crash of meme coins.

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